| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||||||||||||||
Net loss | ||||||||||||||||||||||||||||
-442,444 | -213,833 | -144,636 | -127,547 | -110,206 | -94,155 | -64,402 | -60,245 | -83,840 | -103,187 | -258,060 | -258,544 | -240,068 | -284,558 | -200,784 | -159,725 | -139,077 | -133,869 | -120,336 | -144,387 | -125,096 | -111,491 | -92,408 | -94,326 | -120,140 | -111,186 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities | ||||||||||||||||||||||||||||
Income from discontinued operations, net of tax | ||||||||||||||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain on sale of assets | ||||||||||||||||||||||||||||
- | - | - | - | - | 201 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Depreciation and amortization expense | ||||||||||||||||||||||||||||
259,515 | 272,692 | 268,841 | 263,627 | 257,846 | 250,466 | 251,805 | 252,743 | 259,144 | 266,443 | 264,554 | 278,567 | 281,786 | 284,059 | 297,428 | 297,962 | 295,969 | 296,609 | 299,378 | 302,267 | 311,102 | 319,777 | 323,956 | 326,918 | 331,188 | 341,979 | 0 | 0 | 0 |
Amortization of operating lease assets | ||||||||||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of debt discount and deferred financing costs | ||||||||||||||||||||||||||||
4,728 | 4,286 | 4,181 | 4,180 | 4,181 | 4,181 | 4,181 | 4,182 | 4,181 | 4,181 | 4,183 | 4,181 | 4,181 | 4,181 | 4,543 | 4,937 | 5,053 | 7,216 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||||||||||||||||||
-10,490 | 4,535 | 5,123 | 6,056 | 6,807 | 5,140 | -55,513 | -63,450 | -58,695 | -49,247 | -57,607 | -63,406 | -72,802 | -53,182 | 19,309 | 71,194 | 67,043 | 48,214 | 40,040 | 5,345 | 14,421 | 899 | -1,484 | -3,865 | -3,459 | -3,121 | 0 | 0 | 0 |
Amortization of deferred financing costs | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | 0 | 0 | 0 |
Stock-based compensation expense | ||||||||||||||||||||||||||||
13,893 | 13,968 | 14,979 | 14,446 | 13,906 | 13,248 | 12,145 | 11,314 | 11,077 | 10,728 | 9,683 | 9,293 | 10,032 | 10,491 | 11,278 | 12,313 | 12,360 | 12,452 | 12,499 | 12,244 | 12,074 | 11,376 | 11,406 | 12,193 | 10,335 | 9,524 | 0 | 0 | 0 |
Impairment charge for goodwill | ||||||||||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Change in fair value of derivative instruments | ||||||||||||||||||||||||||||
-829 | -899 | -1,571 | -1,083 | -2,196 | -1,374 | -881 | -255 | 1,693 | 1,366 | 237 | 117 | -1,353 | -614 | -47 | -346 | 642 | -2,362 | -1,926 | -3,136 | -3,710 | -1,593 | -1,583 | -81 | 175 | -252 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of acquisitions | ||||||||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||||||||
-43,144 | -19,182 | 81,795 | 144,403 | 25,202 | 11,005 | -21,485 | -5,782 | 1,569 | -12,564 | -50,966 | -40,675 | -14,000 | -37,897 | -40,138 | -77,505 | -44,651 | -30,808 | -80,905 | -174,932 | -66,531 | -65,519 | 49,085 | 210,966 | 79,300 | 88,029 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||||||||
3,440 | 28,850 | 41,733 | 59,409 | 59,252 | 33,515 | 17,983 | 14,057 | -2,834 | -8,122 | -13,469 | -20,455 | -12,395 | -8,465 | -15,938 | -10,800 | -5,092 | -26,228 | -18,539 | -6,062 | 4,610 | 1,763 | -8,034 | -23,798 | -27,371 | -15,419 | 0 | 0 | 0 |
Other assets | ||||||||||||||||||||||||||||
15,563 | 20,155 | 19,025 | 6,760 | 4,355 | -3,908 | 11,661 | 7,451 | 5,191 | 10,548 | -5,580 | -8,476 | -6,397 | -6,673 | -7,700 | 8,013 | 5,303 | 2,562 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Accounts payable and accrued expenses | ||||||||||||||||||||||||||||
-33,655 | -12,136 | 38,161 | 39,660 | 13,498 | 16,144 | -20,265 | -18,463 | -4,561 | -5,937 | 15,418 | -24,787 | -9,354 | -24,155 | -22,322 | 31,888 | 22,071 | 13,145 | -25,148 | -25,803 | 9,167 | -3,432 | -43,899 | 15,278 | -15,851 | 1,076 | 0 | 0 | 0 |
Royalties payable and author advances, net | ||||||||||||||||||||||||||||
4,494 | 9,342 | 4,680 | -2,497 | -7,791 | -1,650 | 2,310 | -1,948 | 2,137 | -1,449 | -17,744 | -17,148 | -9,026 | -12,738 | -13,398 | -7,158 | 5,597 | 6,238 | 12,901 | 15,410 | 9,523 | 13,286 | 19,874 | 20,656 | 2,534 | 5,851 | 0 | 0 | 0 |
Deferred revenue | ||||||||||||||||||||||||||||
180,814 | 200,473 | 199,037 | 73,131 | -12,847 | -7,692 | 5,503 | 1,286 | -10,311 | -13,500 | -15,145 | 21,103 | 39,326 | 39,249 | 46,659 | 65,727 | 101,251 | 124,489 | 132,645 | 167,027 | 223,805 | 229,105 | 240,946 | 99,688 | 16,229 | 702 | 0 | 0 | 0 |
Interest payable | ||||||||||||||||||||||||||||
3,437 | 3,690 | -216 | 191 | 36 | -186 | 158 | 183 | 236 | 129 | 0 | 0 | 0 | - | - | - | - | 59 | 58 | 153 | -8 | -8 | -21 | -149 | -96 | -32 | 0 | 0 | 0 |
Severance and other charges | ||||||||||||||||||||||||||||
5,370 | 10,631 | -2,806 | -1,297 | -2,885 | -2,823 | -3,740 | -10,912 | 3,770 | 221 | 6,315 | 13,846 | 1,238 | 4,315 | 535 | -1,079 | -2,968 | -3,615 | -2,892 | -5,021 | -4,557 | -5,210 | -5,831 | -2,303 | -3,121 | -2,759 | 0 | 0 | 0 |
Accrued pension and postretirement benefits | ||||||||||||||||||||||||||||
-4,696 | -4,800 | -1,203 | -328 | -805 | -904 | -5,303 | -5,860 | -6,458 | -6,932 | 3,935 | 3,716 | 3,464 | 3,675 | -5,167 | -5,184 | -5,088 | -4,869 | -10,541 | -12,802 | -15,138 | -16,724 | -13,598 | -14,561 | -14,656 | -15,057 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||||||||||||||||||||||
-16,391 | -17,281 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other liabilities | ||||||||||||||||||||||||||||
2,283 | -7,980 | -9,203 | -14,254 | -7,112 | 5,056 | 9,550 | -284 | -2,904 | -2,145 | -14,216 | -14,607 | -22,882 | -21,906 | -7,468 | -77,937 | -80,586 | -77,597 | -83,689 | -10,895 | -4,106 | -14,050 | 10,113 | 3,373 | -5,004 | -4,611 | 0 | 0 | 0 |
Net cash provided by operating activities—discontinued operations | ||||||||||||||||||||||||||||
- | - | - | - | - | 10,831 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||||||||||||||||||||||
274,271 | 254,975 | 198,820 | 12,804 | 35,538 | 114,915 | 140,346 | 111,518 | 0 | 135,130 | 172,547 | 172,326 | 160,623 | 143,751 | 194,436 | 314,359 | 328,540 | 348,359 | 353,695 | 488,373 | 500,656 | 491,043 | 411,636 | 177,864 | 153,021 | 157,203 | 0 | 0 | 0 |
Cash flows from investing activities | ||||||||||||||||||||||||||||
Proceeds from sales and maturities of short-term investments | ||||||||||||||||||||||||||||
- | 50,000 | 50,000 | 50,000 | 40,000 | 86,539 | 86,539 | 86,539 | 100,989 | 80,690 | 80,690 | 80,690 | 133,625 | 197,724 | 197,724 | 197,724 | 130,339 | 286,732 | 326,817 | 355,188 | 402,007 | 134,275 | 151,726 | 184,022 | 227,918 | 251,168 | 0 | 0 | 0 |
Purchases of short-term investments | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 310,149 | 317,782 | 131,057 | 189,855 | 217,855 | 0 | 0 | 0 |
Additions to pre-publication costs | ||||||||||||||||||||||||||||
95,415 | 102,562 | 112,733 | 119,480 | 124,984 | 123,403 | 141,019 | 133,502 | 127,739 | 131,282 | 106,409 | 110,665 | 113,679 | 118,603 | 119,390 | 123,457 | 118,264 | 103,709 | 104,207 | 99,641 | 95,455 | 115,509 | 104,401 | 113,262 | 133,006 | 126,718 | 0 | 0 | 0 |
Additions to property, plant, and equipment | ||||||||||||||||||||||||||||
39,061 | 37,561 | 39,603 | 48,789 | 52,633 | 53,741 | 57,811 | 51,868 | 49,405 | 55,092 | 51,425 | 73,448 | 95,485 | 103,152 | 123,841 | 107,869 | 93,709 | 82,987 | 67,008 | 67,357 | 66,266 | 67,145 | 63,350 | 59,734 | 59,398 | 59,803 | 0 | 0 | 0 |
Acquisition of business, net of cash acquired | ||||||||||||||||||||||||||||
- | 5,447 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities—discontinued operations | ||||||||||||||||||||||||||||
- | - | - | - | - | -6,832 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||||||||
-125,226 | -96,320 | 10,808 | -35,757 | -56,888 | -6,405 | -162,172 | -201,829 | 0 | -204,923 | -184,121 | -193,338 | -165,454 | -113,946 | -165,059 | -232,708 | -858,457 | -676,787 | -604,656 | -691,623 | -70,901 | -367,619 | -356,317 | -142,541 | -169,711 | -168,578 | 0 | 0 | 0 |
Cash flows from financing activities | ||||||||||||||||||||||||||||
Proceeds under revolving credit facility | ||||||||||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments of long-term debt | ||||||||||||||||||||||||||||
774,750 | 772,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 184,949 | 247,125 | 245,750 | 244,375 | 66,051 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 0 | 0 | 0 |
Repurchases of common stock | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 55,017 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Tax withholding payments related to net share settlements of restricted stock units | ||||||||||||||||||||||||||||
310 | 2,018 | 2,040 | 2,026 | 1,873 | 1,190 | 1,113 | 1,109 | 1,734 | 1,450 | 1,712 | 2,067 | 1,422 | 1,672 | 1,410 | 1,573 | 1,573 | 658 | 658 | 481 | 481 | 723 | 0 | 0 | 0 | - | - | - | - |
Proceeds from stock option exercises | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 24,532 | 29,513 | 29,787 | 35,438 | 36,155 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Issuance of common stock under employee stock purchase plan | ||||||||||||||||||||||||||||
1,026 | 1,028 | 1,027 | 1,088 | 1,087 | 1,263 | 1,263 | 1,394 | 1,394 | 1,608 | 1,608 | 1,979 | 1,979 | 2,197 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net collections under transition services agreement | ||||||||||||||||||||||||||||
- | 1,136 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||||||||||||||||||||||
31,435 | -115,667 | -5,256 | 7,358 | -3,129 | -4,124 | -7,850 | 42,285 | -7,828 | -7,330 | -4,544 | 1,737 | -14,512 | -37,960 | -256,322 | -303,051 | 136,763 | 106,104 | 331,164 | 383,231 | -35,481 | 19,529 | 9,845 | -1,096 | -4,441 | -4,075 | 0 | 0 | 0 |
Net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||
180,480 | 42,988 | 204,372 | -15,595 | -24,479 | 104,386 | -29,676 | -48,026 | -50,876 | -77,123 | -16,118 | -19,275 | -19,343 | -8,155 | -226,945 | -221,400 | -393,154 | -222,324 | 80,203 | 179,981 | 394,274 | 142,953 | 65,164 | 34,227 | -21,131 | -15,450 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information | ||||||||||||||||||||||||||||
Interest paid | ||||||||||||||||||||||||||||
45,697 | 41,059 | 43,157 | 43,382 | 42,631 | 41,758 | 40,534 | 39,649 | 38,655 | 38,295 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income taxes paid | ||||||||||||||||||||||||||||
659 | 671 | 354 | 1,071 | 671 | 430 | 640 | -147 | 464 | 715 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Non-cash investing activities | ||||||||||||||||||||||||||||
Property, plant, and equipment acquired under finance leases | ||||||||||||||||||||||||||||
173 | 327 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | -898 | -839 | 1,356 | 1,763 | 2,086 | 2,203 | 3,495 | 3,342 | 3,805 | 3,920 | 4,289 | 0 | 0 | 0 |
Pre-publication Costs [Member] | ||||||||||||||||||||||||||||
Costs included in accounts payable and accruals | ||||||||||||||||||||||||||||
-7,530 | 5,480 | 4,540 | 3,206 | 3,542 | 13,974 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Property, Plant, and Equipment [Member] | ||||||||||||||||||||||||||||
Costs included in accounts payable and accruals | ||||||||||||||||||||||||||||
4,378 | 3,039 | -9,718 | -11,312 | -10,766 | 1,908 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |