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Income Taxes (Tables)

12 Months Ended

Apr. 30, 2020

Income Taxes [Abstract]

Provision for Income Taxes

The provisions for income taxes for the years ended April 30 were as follows:

		2020				2019				2018
Current Provision
U.S. – Federal		$	1,145			$	2,384			$	(2,216	)
International			37,494				52,518				46,112
State and Local			172				2,536				961
Total Current Provision		$	38,811			$	57,438			$	44,857
Deferred (Benefit) Provision
U.S. – Federal		$	(8,476	)		$	335			$	(26,062	)
International			(15,022	)			(7,630	)			2,420
State and Local			(4,118	)			(5,454	)			530
Total Deferred (Benefit) Provision		$	(27,616	)		$	(12,749	)		$	(23,112	)
Total Provision		$	11,195			$	44,689			$	21,745

International and United States Pretax Income

International and United States pretax (loss) income for the years ended April 30 were as follows:

		2020				2019				2018
International		$	104,185			$	204,326			$	219,178
United States			(167,277	)			8,626				(5,247	)
Total		$	(63,092	)		$	212,952			$	213,931

Reconciliation of Effective Income Tax Rate

Our effective income tax rate as a percentage of pretax income differed from the U.S. federal statutory rate as shown below:

		2020				2019				2018
U.S. Federal Statutory Rate			21.0	%			21.0	%			30.4	%
Cost (Benefit) of Higher (Lower) Taxes on Non-U.S. Income			4.8				0.9				(8.4	)
State Income Taxes, net of U.S. Federal Tax Benefit			3.3				(1.3	)			0.4
Deferred Tax (Benefit) from U.S. Tax Act			—				0.1				(11.7	)
Tax Credits and Related Benefits			(1.1	)			(0.8	)			(1.7	)
Impairment of goodwill and intangibles			(42.3	)			—				—
Other			(3.4	)			1.1				1.2
Effective Income Tax Rate			(17.7	)%			21.0	%			10.2	%

Unrecognized Tax Benefits

A reconciliation of the unrecognized tax benefits included within the Other Long-Term Liabilities line item on the Consolidated Statements of Financial Position follows:

		2020				2019
Balance at May 1		$	7,659			$	6,833
Additions for Current Year Tax Positions			694				1,473
Additions for Prior Year Tax Positions			—				414
Reductions for Prior Year Tax Positions			(655	)			(578	)
Foreign Translation Adjustment			(15	)			(42	)
Payments and Settlements			(56	)			(136	)
Reductions for Lapse of Statute of Limitations			(1,433	)			(305	)
Balance at April 30		$	6,194			$	7,659

Deferred Tax Assets and Liabilities

We believe that it is more likely than not that the results of future operations will generate sufficient taxable income to realize the net deferred tax assets. The significant components of deferred tax assets and liabilities at April 30 were as follows:

		2020				2019
Net Operating Losses		$	17,966			$	14,491
Reserve for Sales Returns and Doubtful Accounts			2,638				2,923
Accrued Employee Compensation			20,114				17,528
Foreign and Federal Credits			31,487				34,401
Other Accrued Expenses			11,827				6,262
Retirement and Post-Employment Benefits			37,927				40,653
Total Gross Deferred Tax Assets		$	121,959			$	116,258
Less Valuation Allowance			(23,287	)			(21,179	)
Total Deferred Tax Assets		$	98,672			$	95,079
Prepaid Expenses and Other Current Assets		$	(1,142	)		$	(744	)
Unremitted Foreign Earnings			(1,985	)			(1,985	)
Intangible and Fixed Assets			(205,882	)			(226,898	)
Total Deferred Tax Liabilities		$	(209,009	)		$	(229,627	)
Net Deferred Tax Liabilities		$	(110,337	)		$	(134,548	)
Reported As
Deferred Tax Assets		$	8,790			$	9,227
Deferred Tax Liabilities			(119,127	)			(143,775	)
Net Deferred Tax Liabilities		$	(110,337	)		$	(134,548	)

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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