2024 Q2 Form 10-K Financial Statement

#000010714024000114 Filed on June 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024
Revenue $468.5M $1.873B
YoY Change -10.96% -7.27%
Cost Of Revenue $123.3M $579.7M
YoY Change -29.18% -16.29%
Gross Profit $345.1M $1.293B
YoY Change -1.95% -2.57%
Gross Profit Margin 73.67% 69.05%
Selling, General & Admin $252.1M $1.014B
YoY Change 2.54% -2.3%
% of Gross Profit 73.04% 78.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.67M $154.2M
YoY Change -0.58% -14.78%
% of Gross Profit 12.36% 11.92%
Operating Expenses $265.3M $1.070B
YoY Change 0.0% -4.7%
Operating Profit $79.79M $223.8M
YoY Change -7.92% 9.1%
Interest Expense -$10.88M -$51.96M
YoY Change 9.37% 41.01%
% of Operating Profit -13.64% -23.22%
Other Income/Expense, Net -$257.0K -$3.957M
YoY Change -108.84% -201.88%
Pretax Income $54.00M -$187.0M
YoY Change -36.92% -665.1%
Income Tax $28.74M $13.27M
% Of Pretax Income 53.21%
Net Earnings $25.27M -$200.3M
YoY Change -63.03% -1262.42%
Net Earnings / Revenue 5.39% -10.7%
Basic Earnings Per Share -$3.65
Diluted Earnings Per Share $0.46 -$3.65
COMMON SHARES
Basic Shares Outstanding 54.95M shares
Diluted Shares Outstanding 54.95M shares

Balance Sheet

Concept 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $83.25M $83.25M
YoY Change -21.99% -21.99%
Cash & Equivalents $83.25M $83.25M
Short-Term Investments
Other Short-Term Assets $120.4M $120.4M
YoY Change 28.45% 28.45%
Inventory $26.22M $26.22M
Prepaid Expenses
Receivables $224.2M $224.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $454.0M $454.0M
YoY Change -16.12% -16.12%
LONG-TERM ASSETS
Property, Plant & Equipment $261.5M $261.5M
YoY Change -22.71% -22.71%
Goodwill $1.091B
YoY Change -9.36%
Intangibles $615.7M
YoY Change -27.97%
Long-Term Investments
YoY Change
Other Assets $302.9M $302.9M
YoY Change 77.81% 77.81%
Total Long-Term Assets $2.271B $2.271B
YoY Change -11.53% -11.53%
TOTAL ASSETS
Total Short-Term Assets $454.0M $454.0M
Total Long-Term Assets $2.271B $2.271B
Total Assets $2.725B $2.725B
YoY Change -12.33% -12.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.66M $55.66M
YoY Change -33.99% -33.99%
Accrued Expenses $288.7M $288.7M
YoY Change -4.25% -4.25%
Deferred Revenue $483.8M
YoY Change -4.14%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.500M $7.500M
YoY Change 50.0% 50.0%
Total Short-Term Liabilities $873.3M $873.3M
YoY Change -2.49% -2.49%
LONG-TERM LIABILITIES
Long-Term Debt $767.1M $767.1M
YoY Change 3.2% 3.2%
Other Long-Term Liabilities $248.2M $248.2M
YoY Change -11.63% -11.63%
Total Long-Term Liabilities $1.015B $1.015B
YoY Change -0.87% -0.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $873.3M $873.3M
Total Long-Term Liabilities $1.015B $1.015B
Total Liabilities $1.986B $1.986B
YoY Change -3.78% -3.78%
SHAREHOLDERS EQUITY
Retained Earnings $1.583B
YoY Change -14.91%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $872.8M
YoY Change 3.91%
Treasury Stock Shares
Shareholders Equity $739.7M $739.7M
YoY Change
Total Liabilities & Shareholders Equity $2.725B $2.725B
YoY Change -12.33% -12.33%

Cashflow Statement

Concept 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $25.27M -$200.3M
YoY Change -63.03% -1262.42%
Depreciation, Depletion And Amortization $42.67M $154.2M
YoY Change -0.58% -14.78%
Cash From Operating Activities $183.3M $207.6M
YoY Change -17.94% -25.06%
INVESTING ACTIVITIES
Capital Expenditures $19.34M $77.85M
YoY Change -17.84% -4.07%
Acquisitions $3.116M
YoY Change -57.27%
Other Investing Activities -$8.811M -$28.79M
YoY Change -269.02% 66.98%
Cash From Investing Activities -$28.15M -$106.6M
YoY Change 53.61% 8.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$16.05M -$45.05M
YoY Change 190.18% 28.71%
Debt Paid & Issued, Net $1.157B
YoY Change 10.8%
Cash From Financing Activities -162.6M -107.2M
YoY Change -27.37% -36.39%
NET CHANGE
Cash From Operating Activities 183.3M 207.6M
Cash From Investing Activities -28.15M -106.6M
Cash From Financing Activities -162.6M -107.2M
Net Change In Cash -7.439M -6.226M
YoY Change -60.48% -161.61%
FREE CASH FLOW
Cash From Operating Activities $183.3M $207.6M
Capital Expenditures $19.34M $77.85M
Free Cash Flow $163.9M $129.8M
YoY Change -17.95% -33.75%

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Description of Business<div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company, founded in 1807, was incorporated in the state of New York on January 15, 1904. Throughout this report, when we refer to “Wiley,” the “Company,” “we,” “our,” or “us,” we are referring to John Wiley &amp; Sons, Inc. and all our subsidiaries, except where the context indicates otherwise.</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Wiley is one of the world’s largest publishers and a global leader in research and learning. The Company's content, services, platforms, and knowledge networks are tailored to meet the evolving needs of its customers and partners, including researchers, students, instructors, professionals, institutions, and corporations. Wiley empowers knowledge seekers to transform today’s biggest obstacles into tomorrow’s brightest opportunities. For more than two centuries, the Company has been delivering on its timeless mission to unlock human potential.</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 1, 2023, Wiley’s Board of Directors approved a plan to divest certain businesses that we determined are non-core businesses. Those businesses are University Services, Wiley Edge, and CrossKnowledge. On January 1, 2024 we completed the sale of University Services. On January 8, 2024 we entered into an agreement to sell our Wiley Edge business, which closed on May 31, 2024, with the exception of its India operations. The sale of Wiley Edge’s India operation will be finalized later in calendar year 2024. We expect to complete the sale of CrossKnowledge by the second quarter of fiscal year 2025. As a result of these planned divestitures, in the three months ended July 31, 2023, we reorganized our segments, and our new structure consists of three reportable segments which include Research (no change), Learning, and Held for Sale or Sold, as well as a Corporate expense category (no change). Prior period segment results </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and disclosures within the Notes to Consolidated Financial Statements</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> have been recast to the new segment presentation. There were no changes to our consolidated financial results.</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:14.5pt">Research</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is unchanged and includes the reporting lines of Research Publishing and Research Solutions;</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:14.5pt">Learning</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> includes the Academic and Professional reporting lines and consists of publishing and related knowledge solutions;</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:14.5pt">Held for Sale or Sold</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> includes businesses held-for-sale including Wiley Edge, and CrossKnowledge, as well as those sold in fiscal year 2024 which includes University Services and Tuition Manager, and in fiscal year 2023 Test Prep and Advancement Courses.</span></div>Through the Research segment, we provide peer-reviewed scientific, technical, and medical (STM) publishing, content platforms, and related services to academic, corporate, and government customers, academic societies, and individual researchers. The Learning segment provides scientific, professional, and education print and digital books, digital courseware to libraries, corporations, students, professionals, and researchers, as well as assessment services to businesses and professionals.
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<div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications:</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified to conform to the current year’s presentation.</span></div>
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<div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates:</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of our Consolidated Financial Statements and related disclosures in conformity with US GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities as of the date of the financial statements, and revenue and expenses during the reporting period. These estimates include, among other items, sales return reserves, allocation of acquisition purchase price to assets acquired and liabilities assumed, goodwill and indefinite-lived intangible assets, intangible assets with definite lives and other long-lived assets, and retirement plans. We review these estimates and assumptions periodically using historical experience and other factors and reflect the effects of any revisions on the Consolidated Financial Statements in the period we determine any revisions to be necessary. Actual results could differ from those estimates, which could affect the reported results.</span></div>
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51283000 usd
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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69074000 usd
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2200000 usd
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14575000 usd
CY2023 us-gaap Operating Lease Cost
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18620000 usd
CY2022 us-gaap Operating Lease Cost
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24180000 usd
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CY2022 us-gaap Variable Lease Cost
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187000 usd
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945000 usd
CY2022 us-gaap Lease Cost
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24918000 usd
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P9Y
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0.0584
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29737000 usd
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24173000 usd
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17251000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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13306000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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13280000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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50906000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
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141255000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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28575000 usd
CY2024Q2 us-gaap Operating Lease Liability
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112680000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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209661000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
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0.119
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-0.010
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.667
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0.061
CY2023 jwa Effective Income Tax Rate Reconciliation Return To Provision Percent
EffectiveIncomeTaxRateReconciliationReturnToProvisionPercent
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CY2022 jwa Effective Income Tax Rate Reconciliation Return To Provision Percent
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0
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0.009
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30200000 usd
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9200000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
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9400000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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200000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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300000 usd
CY2024 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
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CY2023 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
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CY2024Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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9200000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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9400000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
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CY2024 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2024 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2024 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2024 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2024Q2 us-gaap Unrecognized Tax Benefits
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CY2023Q2 us-gaap Unrecognized Tax Benefits
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CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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2363000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
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CY2024Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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16880000 usd
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DeferredTaxAssetsOperatingLeaseLiabilities
23095000 usd
CY2023Q2 jwa Deferred Tax Assets Operating Lease Liabilities
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CY2024Q2 jwa Deferred Tax Asset Interest Expense Disallowance
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CY2023Q2 jwa Deferred Tax Asset Interest Expense Disallowance
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134628000 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
53498000 usd
CY2024Q2 us-gaap Deferred Tax Assets Net
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80283000 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
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107180000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
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CY2023Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
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DeferredTaxLiabilitiesIntangibleAndFixedAssets
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DeferredTaxLiabilitiesIntangibleAndFixedAssets
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CY2024Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
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DeferredTaxLiabilitiesLeasingArrangements
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CY2024Q2 us-gaap Deferred Tax Liabilities
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DeferredTaxAssetsExcludingHeldForSale
3147000 usd
CY2023Q2 jwa Deferred Tax Assets Excluding Held For Sale
DeferredTaxAssetsExcludingHeldForSale
11371000 usd
CY2024Q2 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Assets
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Assets
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CY2024Q2 us-gaap Deferred Income Tax Assets Net
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CY2023Q2 us-gaap Deferred Income Tax Assets Net
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11371000 usd
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DeferredTaxLiabilitiesExcludingHeldForSale
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CY2023Q2 jwa Deferred Tax Liabilities Excluding Held For Sale
DeferredTaxLiabilitiesExcludingHeldForSale
144042000 usd
CY2024Q2 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Liabilities
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Liabilities
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CY2024Q2 us-gaap Deferred Tax Liabilities
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CY2023Q2 us-gaap Deferred Tax Liabilities
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CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
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53500000 usd
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CY2023Q2 us-gaap Long Term Debt Noncurrent
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CY2024Q2 us-gaap Long Term Debt
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CY2023Q2 us-gaap Long Term Debt
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CY2024Q2 us-gaap Deferred Finance Costs Net
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CY2023Q2 us-gaap Deferred Finance Costs Net
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2024Q2 us-gaap Debt Instrument Carrying Amount
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CY2024Q2 us-gaap Long Term Debt
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CY2024Q2 us-gaap Deferred Finance Costs Net
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CY2024 jwa Notice Period For Redemption Request
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CY2023Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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29734000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
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CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
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29582000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
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29832000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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31049000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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CY2024Q2 jwa Defined Benefit Plan Expected Future Benefit Payments Due Total
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CY2024 us-gaap Defined Contribution Plan Cost Recognized
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
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CY2024Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
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CY2024 us-gaap Share Based Compensation
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023 us-gaap Payments Of Dividends Common Stock
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CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2024 us-gaap Number Of Reportable Segments
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176989000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
213253000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
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215170000 usd
CY2022Q3 jwa Accelerated Amortization Of Intangible Assets
AcceleratedAmortizationOfIntangibleAssets
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CY2024 jwa Adjusted Contribution To Profit Loss
AdjustedContributionToProfitLoss
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CY2023 jwa Adjusted Contribution To Profit Loss
AdjustedContributionToProfitLoss
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CY2022 jwa Adjusted Contribution To Profit Loss
AdjustedContributionToProfitLoss
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CY2024 jwa Corporate Expenses
CorporateExpenses
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CY2023 jwa Corporate Expenses
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CY2022 jwa Corporate Expenses
CorporateExpenses
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CY2023 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
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CY2024 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
99800000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2024 jwa Restructuring And Related Credits Charges
RestructuringAndRelatedCreditsCharges
63041000 usd
CY2023 jwa Restructuring And Related Credits Charges
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RestructuringAndRelatedCreditsCharges
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InterestExpense
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CY2023 us-gaap Interest Expense
InterestExpense
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CY2022 us-gaap Interest Expense
InterestExpense
19802000 usd
CY2024 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
894000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2024 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-183389000 usd
CY2023 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
10177000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
3694000 usd
CY2024 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3957000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3884000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9685000 usd
CY2024 jwa Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-187047000 usd
CY2023 jwa Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
33100000 usd
CY2022 jwa Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
209661000 usd
CY2023Q1 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
3700000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1872987000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2019900000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2082928000 usd
CY2024Q2 jwa Property Plant And Equipment Net And Operating Lease Right Of Use Assets
PropertyPlantAndEquipmentNetAndOperatingLeaseRightOfUseAssets
261512000 usd
CY2023Q2 jwa Property Plant And Equipment Net And Operating Lease Right Of Use Assets
PropertyPlantAndEquipmentNetAndOperatingLeaseRightOfUseAssets
338346000 usd
CY2022Q2 jwa Property Plant And Equipment Net And Operating Lease Right Of Use Assets
PropertyPlantAndEquipmentNetAndOperatingLeaseRightOfUseAssets
383291000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024 dei Auditor Firm
AuditorFirmId
238
CY2024 ecd Insider Trd Policies Proc Adopted Flag
InsiderTrdPoliciesProcAdoptedFlag
true
CY2024 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
30200000 usd

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