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Employee Stock Plans (Tables)
12 Months Ended
Apr. 30, 2018
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:

 

    Year Ended April 30,  
    2018     2017     2016  
    (in thousands)  

Restricted stock

   $ 20,282      $ 18,045      $ 18,288  

ESPP

    1,187       913       590  

Stock options

                17  
 

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, pre-tax

    21,469       18,958       18,895  

Tax benefit from stock-based compensation expense

    (7,319     (4,756     (7,347
 

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, net of tax

   $ 14,150      $ 14,202      $ 11,548  
 

 

 

   

 

 

   

 

 

 
Restricted Stock Activity

Restricted stock activity is summarized below:

 

     April 30,  
     2018      2017      2016  
     Shares     Weighted-
Average
Grant Date
Fair Value
     Shares     Weighted-
Average
Grant Date
Fair Value
     Shares     Weighted-
Average
 Grant Date 
 Fair Value 
 
    

(in thousands, except per share data)

 

 

Non-vested, beginning of year

     1,581     $             29.74        1,506     $             34.12        1,560     $             22.15  

Granted

     650     $ 37.60        852     $ 17.43        784     $ 39.19  

Vested

     (431   $ 26.13        (751   $ 24.15        (809   $ 16.35  

Forfeited.

     (70   $ 33.26        (26   $ 26.80        (29   $ 23.38  
  

 

 

      

 

 

      

 

 

   

Non-vested, end of year

             1,730     $ 33.45                1,581     $ 29.74                1,506     $ 34.12