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Retirement Plans (Tables)
12 Months Ended
Apr. 30, 2023
Retirement Benefits [Abstract]  
Schedule of Net Periodic Pension Expense (Income) for Defined Benefit Plans and Weighted-Average Assumptions
The components of net pension expense (income) for the defined benefit plans and the weighted average assumptions were as follows:
For the Years Ended April 30,
202320222021
US Non-US US Non-US US Non-US
Service cost$— $796 $— $1,196 $— $1,396 
Interest cost11,242 13,389 9,451 11,148 9,504 8,901 
Expected return on plan assets(9,924)(23,134)(12,144)(28,118)(11,969)(26,971)
Amortization of prior service cost(154)60 (154)67 (154)58 
Amortization of net actuarial loss2,295 3,851 2,617 4,846 3,501 4,516 
Curtailment/settlement (credit)— (1,828)— (39)— — 
Net pension expense (income)$3,459 $(6,866)$(230)$(10,900)$882 $(12,100)
Discount rate4.6 %3.0 %3.2 %1.9 %3.1 %1.6 %
Rate of compensation increaseN/A3.1 %N/A3.0 %N/A3.0 %
Expected return on plan assets5.0 %5.5 %5.3 %5.5 %5.8 %5.7 %
Schedule of Defined Benefit Plans Disclosures
The following table sets forth the changes in, and the status of, our defined benefit plans’ assets and benefit obligations:
20232022
USNon-USUSNon-US
CHANGE IN PLAN ASSETS
Fair value of plan assets, beginning of year$204,455 $442,259 $237,129 $523,886 
Actual return on plan assets(5,953)(133,855)(21,257)(37,543)
Employer contributions3,701 11,600 3,812 12,595 
Employee contributions— — — — 
Settlements— (394)— — 
Benefits paid(15,596)(10,458)(15,229)(10,703)
Foreign currency rate changes— (7,097)— (45,976)
Fair value, end of year$186,607 $302,055 $204,455 $442,259 
CHANGE IN PROJECTED BENEFIT OBLIGATION
Benefit obligation, beginning of year$(249,570)$(474,802)$(302,632)$(609,614)
Service cost— (796)— (1,196)
Interest cost(11,242)(13,389)(9,451)(11,148)
Actuarial gains9,328 127,635 47,284 84,746 
Benefits paid15,596 10,458 15,229 10,703 
Foreign currency rate changes— 5,416 — 51,660 
Settlements and other— 2,470 — 47 
Benefit obligation, end of year$(235,888)$(343,008)$(249,570)$(474,802)
Underfunded status, end of year$(49,281)$(40,953)$(45,115)$(32,543)
AMOUNTS RECOGNIZED ON THE STATEMENT OF FINANCIAL POSITION    
Noncurrent assets— 830 — 5,855 
Current pension liability(3,557)(1,203)(3,545)(1,346)
Noncurrent pension liability(45,724)(40,580)(41,570)(37,052)
Net amount recognized in statement of financial position$(49,281)$(40,953)$(45,115)$(32,543)
AMOUNTS RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS (BEFORE TAX) CONSIST OF
Net actuarial losses$(84,367)$(197,701)$(80,114)$(171,274)
Prior service cost gains (losses)1,792 (1,058)1,946 (1,165)
Total accumulated other comprehensive loss$(82,575)$(198,759)$(78,168)$(172,439)
Change in accumulated other comprehensive loss$(4,407)$(26,320)$16,345 $42,818 
INFORMATION FOR PENSION PLANS WITH AN ACCUMULATED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Accumulated benefit obligation$235,888 $35,068 $249,570 $37,801 
Fair value of plan assets$186,607 $496 $204,455 $475 
INFORMATION FOR PENSION PLANS WITH A PROJECTED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Projected benefit obligation$235,888 $335,109 $249,570 $38,871 
Fair value of plan assets$186,607 $293,326 $204,455 $475 
WEIGHTED AVERAGE ASSUMPTIONS USED IN DETERMINING ASSETS AND LIABILITIES
Discount rate5.1 %4.8 %4.6 %3.0 %
Rate of compensation increaseN/A3.0 %N/A 3.1 %
Accumulated benefit obligations$(235,888)$(329,329)$(249,570)$(450,037)
Schedule of Pension Plan Assets at Fair Value by Level Within Fair Value Hierarchy
The following tables set forth, by level within the fair value hierarchy, pension plan assets at their fair value as of April 30:
20232022
Level 1Level 2NAVTotalLevel 1Level 2NAVTotal
US Plan Assets
Global Equity Securities: Limited Partnership$6,537 $73,469 $80,006 $7,477  $77,849 $85,326 
Fixed Income Securities: Commingled Trust Funds 106,601 106,601   119,129 119,129 
Total Assets$6,537 $180,070 $186,607 $7,477 $196,978 $204,455 
Non-US Plan Assets
Equity securities:
US equities$— $48,806 $48,806 $— $48,443 $48,443 
Non-US equities— 39,618 39,618 — 112,162 112,162 
Balanced managed funds— 58,036 58,036 — 94,623 94,623 
Fixed income securities: Commingled funds— 133,878 133,878 — 185,192 185,192 
Other:    
Real estate/other— 496 496 — 475 475 
Cash and cash equivalents1,902 19,319 21,221 1,338 26 1,364 
Total Non-US plan assets$1,902 $300,153 $— $302,055 $1,338 $440,921 $— $442,259 
Total plan assets$1,902 $306,690 $180,070 $488,662 $8,815 $440,921 $196,978 $646,714 
Schedule of Expected Benefit Payments
Benefit payments to retirees from all defined benefit plans are expected to be the following in the fiscal year indicated:
Fiscal YearUSNon-USTotal
2024$15,889 $11,986 $27,875 
202515,529 14,064 29,593 
202615,333 13,124 28,457 
202715,398 13,882 29,280 
202815,482 14,485 29,967 
2029–203376,729 86,148 162,877 
Total$154,360 $153,689 $308,049