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Capital Stock and Changes in Capital Accounts | 12 Months Ended
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Apr. 30, 2019
Capital Stock and Changes in Capital Accounts [Abstract] |
Capital Stock and Changes in Capital Accounts | Note 18 – Capital Stock and Changes in Capital Accounts Each share of our Class B Common Stock is convertible into one share of Class A Common Stock. The holders of Class A stock are entitled to elect 30% of the entire Board of Directors and the holders of Class B stock are entitled to elect the remainder. On all other matters, each share of Class A stock is entitled to one tenth of one vote and each share of Class B stock is entitled to one vote. During the year ended April 30, 2017, our Board of Directors approved an additional share repurchase program of four million shares of Class A or B Common Stock. We repurchased in the year ended April 30, 2019 1,191,496 Class A shares at an average price of $50.35 per share. In the year ended April 30, 2018, we repurchased 713,177 shares at an average price of $55.65 per share. In the year ended April 30, 2017, we repurchased 953,188 shares, which included 952,667 Class A shares and 521 Class B shares at an average price of $52.80 per share. As of April 30, 2019, we had authorization from our Board of Directors to purchase up to 1,888,975 additional shares. The following is a summary of changes during the years ended April 30, in shares of our common stock and common stock in treasury (shares in thousands).
Changes in Common Stock A: | 2019 |  | 2018 |  | 2017
Number of shares, beginning of year |  | 70,111 |  |  | 70,086 |  |  | 69,798
Common stock class conversions and other |  | 16 |  |  | 25 |  |  | 288
Number of shares issued, end of year |  | 70,127 |  |  | 70,111 |  |  | 70,086
Changes in Common Stock A in treasury: |  |  |  |  |  |  |  |
Number of shares held, beginning of year |  | 21,853 |  |  | 22,097 |  |  | 21,709
Purchase of treasury shares |  | 1,192 |  |  | 713 |  |  | 953
Restricted shares issued under stock-based compensation plans - non-PSU Awards |  | (210) |  |  | (153) |  |  | (74)
Restricted shares issued under stock-based compensation plans - PSU Awards |  | (110) |  |  | (126) |  |  | (186)
Stock grants of fully vested Class A shares - common stock |  | — |  |  | (20) |  |  | (24)
Restricted shares, forfeited |  | 9 |  |  | 15 |  |  | 8
Restricted shares issued from exercise of stock options |  | (229) |  |  | (788) |  |  | (469)
Shares withheld for taxes |  | 130 |  |  | 116 |  |  | 97
Other |  | (1) |  |  | (1) |  |  | 83
Number of shares held, end of year |  | 22,634 |  |  | 21,853 |  |  | 22,097
Number of Common Stock A outstanding, end of year |  | 47,493 |  |  | 48,258 |  |  | 47,989
Changes in Common Stock B: | 2019 |  | 2018 |  | 2017
Number of shares, beginning of year |  | 13,071 |  |  | 13,096 |  |  | 13,392
Common stock class conversions and other |  | (16) |  |  | (25) |  |  | (296)
Number of shares issued, end of year |  | 13,055 |  |  | 13,071 |  |  | 13,096
Changes in Common Stock B in treasury: |  |  |  |  |  |  |  |
Number of shares held, beginning of year |  | 3,918 |  |  | 3,918 |  |  | 3,917
Shares repurchased |  | — |  |  | — |  |  | 1
Number of shares held, end of year |  | 3,918 |  |  | 3,918 |  |  | 3,918
Number of Common Stock B outstanding, end of year |  | 9,137 |  |  | 9,153 |  |  | 9,178
The following table summarizes the cash dividends paid during the year ended April 30, 2019:
Date of Declaration by Board of Directors | Quarterly Cash Dividend | Total Dividend | Class of Common Stock | Dividend Paid Date | Shareholders of Record as of Date
June 21, 2018 | $0.33 per common share | $19.0 million | Class A and Class B | July 18, 2018 | July 3, 2018
September 26, 2018 | $0.33 per common share | $18.9 million | Class A and Class B | October 24, 2018 | October 9, 2018
December 19, 2018 | $0.33 per common share | $18.9 million | Class A and Class B | January 16, 2019 | January 2, 2019
March 20, 2019 | $0.33 per common share | $18.6 million | Class A and Class B | April 17, 2019 | April 2, 2019

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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