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Employee Stock Plans (Tables)
9 Months Ended
Jan. 31, 2016
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 operations for the periods indicated:

 

     Three Months Ended
January 31,
     Nine Months Ended
January 31,
 
     2016      2015      2016      2015  
     (in thousands)  

Restricted stock

   $ 4,399       $ 3,356       $ 13,131       $ 10,225   

ESPP

     127         41         391         41   

Stock options

     —           22         17         112   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total stock-based compensation expense, pre-tax

     4,526         3,419         13,539         10,378   

Tax benefit from stock-based compensation expense

     (1,989      (1,032      (4,857      (3,128
  

 

 

    

 

 

    

 

 

    

 

 

 

Total stock-based compensation expense, net of tax

   $ 2,537       $ 2,387       $ 8,682       $ 7,250   
  

 

 

    

 

 

    

 

 

    

 

 

 
Stock Options Transactions

Stock option transactions under the Company’s Second A&R 2008 Plan were as follows:

 

     Nine Months Ended January 31, 2016  
     Options      Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Life (In Years)
     Aggregate
Intrinsic
Value
 
     (in thousands, except per share data)  

Outstanding, April 30, 2015

     202       $ 15.45         

Exercised

     (84    $ 15.72         

Forfeited/expired

     (10    $ 18.05         
  

 

 

          

Outstanding, January 31, 2016

     108       $ 15.13         1.25       $ 1,698   
  

 

 

       

 

 

    

 

 

 

Exercisable, January 31, 2016

     108       $ 15.13         1.25       $ 1,698   
  

 

 

       

 

 

    

 

 

 
Additional Information Pertaining to Stock Options

Additional information pertaining to stock options:

 

     Three Months Ended
January 31,
     Nine Months Ended
January 31,
 
     2016      2015      2016      2015  
     (in thousands)  

Total fair value of stock options vested

   $ —         $ —         $ 96       $ 334   

Total intrinsic value of stock options exercised

   $ 73       $ 145       $ 1,631       $ 1,516   
Restricted Stock Activity

Restricted stock activity during the nine months ended January 31, 2016 is summarized below:

 

     Shares      Weighted-
Average Grant
Date Fair Value
 
     (in thousands, except per share data)  

Non-vested, April 30, 2015

     1,560       $ 22.15   

Granted

     1,006       $ 29.65   

Vested

     (787    $ 16.31   

Forfeited/expired

     (20    $ 23.49   
  

 

 

    

Non-vested, January 31, 2016

     1,759       $ 29.04