Employee Stock Plans (Tables)

3 Months Ended

Jul. 31, 2013

Components Of Stock-Based Compensation Expense Recognized

The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated:


	Three Months Ended July 31,
	2013			2012
	(in thousands)
Restricted stock	$	2,820		$	2,986
Stock options		140			210

Total stock-based compensation expense, pre-tax		2,960			3,196
Tax benefit from stock-based compensation expense		(1,192	)		(1,164	)

Total stock-based compensation expense, net of tax	$	1,768		$	2,032

Stock Options Transactions

Stock options transactions under the Company’s Second A&R 2008 Plan, as amended to date, were as follows:


	Three Months Ended July 31, 2013
	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (In Years)		Aggregate Intrinsic Value
	(in thousands, except per share data)
Outstanding, April 30, 2013		1,100		$	14.72
Exercised		(189	)	$	10.18
Forfeited/expired		(20	)	$	9.27

Outstanding, July 31, 2013		891		$	15.79		2.49	$	3,542

Exercisable, July 31, 2013		805		$	15.73		2.33	$	3,210

Additional Information Pertaining to Stock Options

Additional information pertaining to stock options:


	Three Months Ended July 31,
	2013		2012
	(in thousands)
Total fair value of stock options vested	$	802	$	829
Total intrinsic value of stock options exercised	$	1,664	$	160

Restricted Stock Activity

Restricted stock activity during the three months ended July 31, 2013 is summarized below:


	Shares			Weighted- Average Grant Date Fair Value
	(in thousands, except per share data)
Non-vested, April 30, 2013		1,810		$	16.38
Granted		700		$	19.37
Vested		(474	)	$	14.32
Forfeited/expired		(137	)	$	16.37

Non-vested, July 31, 2013		1,899		$	18.00