XML 64 R37.htm IDEA: XBRL DOCUMENT
v3.25.2

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Apr. 30, 2025
Earnings Per Share [Abstract] |
Computation of basic earnings per common share under two-class method | The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
| Year Ended April 30,
| 2025 |  | 2024 |  | 2023
Net income (loss) | $ | (1,230.8) |  |  | $ | 744.0 |  |  | $ | (91.3) |
Less: Net income (loss) allocated to participating securities | (0.1) |  |  | 0.2 |  |  | (0.1) |
Net income (loss) allocated to common stockholders | $ | (1,230.7) |  |  | $ | 743.8 |  |  | $ | (91.2) |
Weighted-average common shares outstanding | 106.4 |  |  | 104.1 |  |  | 106.2 |
Add: Dilutive effect of stock options | — |  |  | 0.1 |  |  | — |
Weighted-average common shares outstanding – assuming dilution | 106.4 |  |  | 104.2 |  |  | 106.2 |
Net income (loss) per common share | $ | (11.57) |  |  | $ | 7.14 |  |  | $ | (0.86) |
Net income (loss) per common share – assuming dilution | $ | (11.57) |  |  | $ | 7.14 |  |  | $ | (0.86) |
Computation of diluted earnings per common share under two-class method | The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
| Year Ended April 30,
| 2025 |  | 2024 |  | 2023
Net income (loss) | $ | (1,230.8) |  |  | $ | 744.0 |  |  | $ | (91.3) |
Less: Net income (loss) allocated to participating securities | (0.1) |  |  | 0.2 |  |  | (0.1) |
Net income (loss) allocated to common stockholders | $ | (1,230.7) |  |  | $ | 743.8 |  |  | $ | (91.2) |
Weighted-average common shares outstanding | 106.4 |  |  | 104.1 |  |  | 106.2 |
Add: Dilutive effect of stock options | — |  |  | 0.1 |  |  | — |
Weighted-average common shares outstanding – assuming dilution | 106.4 |  |  | 104.2 |  |  | 106.2 |
Net income (loss) per common share | $ | (11.57) |  |  | $ | 7.14 |  |  | $ | (0.86) |
Net income (loss) per common share – assuming dilution | $ | (11.57) |  |  | $ | 7.14 |  |  | $ | (0.86) |
Computation of earnings per common share, basic and diluted | The following table sets forth the computation of diluted earnings per share under the treasury stock method.
| Year Ended April 30,
| 2025 |  | 2024 |  | 2023
Net income (loss) | $ | (1,230.8) |  |  | $ | 744.0 |  |  | $ | (91.3) |
Weighted-average common shares outstanding – assuming dilution: |  |  |  |  |
Weighted-average common shares outstanding | 106.4 |  |  | 104.1 |  |  | 106.2 |
Add: Dilutive effect of stock options | — |  |  | 0.1 |  |  | — |
Add: Dilutive effect of restricted shares, restricted stock units, and performance units | — |  |  | 0.2 |  |  | — |
Weighted-average common shares outstanding – assuming dilution | 106.4 |  |  | 104.4 |  |  | 106.2 |
Net income (loss) per common share – assuming dilution | $ | (11.57) |  |  | $ | 7.13 |  |  | $ | (0.86) |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482635/260-10-55-52 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482635/260-10-55-52 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration