Financial Performance - Revenues for the year ended June 30, 2022, decreased by $125.4 million, or 3.5%, compared to the prior year due to lower tax return volumes [162]. - Net income from continuing operations for the year ended June 30, 2022, was $560.6 million, an 18.8% decrease from $690.5 million in the prior year [156]. - Total tax returns prepared worldwide decreased by 10.1% to 23,600, down from 26,261 in the previous year [157]. - U.S. assisted tax preparation revenues decreased by $45.8 million, or 2.1%, to $2.09 billion [161]. - EBITDA from continuing operations decreased by $161.9 million, or 15.4%, to $889.5 million [161]. - Adjusted net income from continuing operations for the year ended June 30, 2022, was $603.580 million, with adjusted diluted earnings per share at $3.51 [228]. - Net income from continuing operations was $590.2 million, a significant increase of $584.1 million or 9,487.6% compared to the prior year [170]. - Adjusted diluted EPS rose to $3.39, up by 303.6% from $0.84 in the previous year [170]. Operating Expenses - Operating expenses increased by $21.4 million, or 0.8%, to $2.72 billion [165]. - Marketing and advertising expenses rose by $19.5 million, or 7.4%, due to higher online advertising costs [165]. - Other operating expenses increased by $28.7 million, or 6.0%, totaling $506.5 million for the year ended June 30, 2022 [166]. - Total operating expenses rose by $52.6 million, or 18.9%, to $331.8 million, driven by a $25.7 million increase in compensation and benefits, and a $3.6 million increase in bad debt [180]. Cash Flow and Investments - Cash provided by operating activities totaled $808.5 million for the year ended June 30, 2022, compared to $761.2 million in the prior year [187]. - Cash used in investing activities increased to $76.5 million for the year ended June 30, 2022, primarily due to higher payments for business acquisitions [188]. - Cash used in financing activities totaled $1.3 billion for the year ended June 30, 2022, a decrease from $1.9 billion in the prior year, mainly due to the repayment of a $2.0 billion draw on the line of credit [189]. - Dividends paid amounted to $186.5 million for the year ended June 30, 2022, compared to $195.1 million in the prior year [190]. - Capital expenditures were $62.0 million for the year ended June 30, 2022, up from $53.1 million in the prior year, focusing on improvements to retail offices and technology investments [193]. Assets and Liabilities - As of June 30, 2022, cash and cash equivalents totaled $885.0 million, including $201.0 million held by foreign subsidiaries [198]. - The company reported current assets of $38.922 million and noncurrent assets of $1.698 billion as of June 30, 2022 [203]. - Current liabilities stood at $75.855 million, while noncurrent liabilities were $1.496 billion [203]. - The company has $1.6 billion in non-current intercompany receivables due from non-guarantor subsidiaries [203]. Debt and Interest - Interest expense on borrowings decreased by $11.2 million, or 11.3%, primarily due to lower borrowings on the company's CLOC [167]. - The long-term debt primarily consists of fixed-rate Senior Notes, meaning changes in interest rates will not impact consolidated pretax earnings until maturity or refinancing [232]. - The fixed-rate interest on Senior Notes is subject to adjustment based on the company's credit ratings [233]. - As of June 30, 2022, the company had no outstanding balance on its CLOC borrowings, which are generally seasonal and sensitive to interest rate changes during November through March [231]. Foreign Exchange and Risk Management - Foreign exchange rate risk is present due to operations in international markets, primarily involving the Canadian dollar and Australian dollar [234]. - The impact of foreign exchange rate changes resulted in a decrease of $8.1 million in international cash balances for the year ended June 30, 2022, compared to an increase of $13.5 million in the previous year [234]. - A 10% change in foreign exchange rates would impact consolidated pretax income by $2.8 million for the year ended June 30, 2022, and $3.2 million for the year ended June 30, 2021 [234]. - Cash balances, excluding restricted balances, would be affected by $18.5 million and $16.4 million as of June 30, 2022, and June 30, 2021, respectively, due to foreign exchange rate changes [234]. - The company generally uses foreign exchange forward contracts to mitigate currency exchange rate risk for loans to Canadian operations, with no forward contracts outstanding as of June 30, 2022 [235]. Contingencies and Tax Positions - The company has accrued liabilities for litigation and other related contingencies, with estimates of reasonably possible losses not deemed material as of June 30, 2022 [208]. - The company evaluates uncertain tax positions based on technical merits, with adjustments potentially affecting the effective tax rate on a quarterly basis [214]. - Goodwill impairment analysis is performed annually, with significant management judgment involved in revenue and expense forecasts [216]. - The company maintains a formal investment policy to minimize market risk exposure, focusing on liquidity and preserving principal and earnings [229].

Halozyme Therapeutics, Inc. (HALO) Q4 2022 Earnings Conference Call August 9, 2022 4:30 PM ET Company Participants Michaella Gallina - Vice President of Investor Relations Jeff Jones - President & Chief Executive Officer Tony Bowen - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer & Co. George Tong - Goldman Sachs Kartik Mehta - Northcoast Research Operator Thank you for standing by, and welcome to H&R Block's Year-End Fiscal 2022 Earnings Conference Call. At this time, ...

FY22 Financial Results Conference Call August 9, 2022 | --- | --- | --- | --- | |-------|-------|------------------------|-------| | | | | | | | | Michaella | | | | | | | | | | | | | | | Gallina | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | VP, Investor Relations | | Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified ...

1 Q 3 F I S C A L 2 0 2 2 E A R N I N G S C A L L M a y 1 0 , 2 0 2 2 1 Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "commits," "seeks," "estimates," "projects," "forecasts," " ...

H&R Block Inc. (NYSE:HRB) Q3 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Michaella Gallina - VP of IR Jeff Jones - President, CEO and Director Tony Bowen - CFO Conference Call Participants Kartik Mehta - Northcoast Research George Tong - Goldman Sachs Scott Schneeberger - Oppenheimer Group Operator Thank you for standing by, and welcome to H&R Block's Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-06089 H&R Block, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-06089 H&R Block, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

H&R Block, Inc. (NYSE:HRB) Q2 2022 Earnings Conference Call February 1, 2022 4:30 PM ET Company Participants Michaella Gallina - Vice President, Investor Relations Jeff Jones - President and Chief Executive Officer Tony Bowen - Chief Financial Officer Conference Call Participants Kartik Mehta - Northcoast Research Mario Cortellacci - Jefferies George Tong - Goldman Sachs Scott Schneeberger - Oppenheimer Alex Paris - Barrington Research Operator Ladies and gentlemen, thank you for standing by and welcome to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Missouri 44-0607856 (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-06089 H&R Block, Inc. (Exact name of registrant as specified in its charter) (State or o ...

1 Q1 FISCAL 2022 EARNINGS CALL November 2, 2021 Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "commits," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will ...