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Capital Stock and Changes in Capital Accounts (Tables)
9 Months Ended
Jan. 31, 2023
Stockholders' Equity Note [Abstract]  
Summary of Shares Repurchased
The following table summarizes the share repurchases of Class A and Class B Common Stock (shares in thousands):
Three Months Ended
January 31,
Nine Months Ended
January 31,
2023202220232022
Shares repurchased - Class A157 134 539 446 
Shares repurchased - Class B1 1 
Average Price - Class A and Class B$41.14 $55.40 $44.47 $55.48 
Cash Dividends Paid
The following table summarizes the cash dividends paid during the nine months ended January 31, 2023:
Date of Declaration by
Board of Directors
Quarterly Cash DividendTotal DividendClass of Common StockDividend Paid DateShareholders of
Record as of Date
June 22, 2022
$0.3475 per common share
$19.4 millionClass A and Class BJuly 20, 2022July 6, 2022
September 29, 2022
$0.3475 per common share
$19.3 millionClass A and Class BOctober 26, 2022October 11, 2022
December 15, 2022
$0.3475 per common share
$19.3 millionClass A and Class BJanuary 11, 2023December 27, 2022
Schedule of Stock by Class
The following is a summary of changes during the nine months ended January 31, in shares of our common stock and common stock in treasury (shares in thousands):
Changes in Common Stock A:20232022
Number of shares, beginning of year70,22670,208
Common stock class conversions210
Number of shares issued, end of period70,22870,218
Changes in Common Stock A in treasury:
Number of shares held, beginning of year23,51523,419
Purchases of treasury shares539446
Restricted shares issued under stock-based compensation plans – non-PSU Awards(208)(163)
Restricted shares issued under stock-based compensation plans – PSU Awards(150)(108)
Shares issued under the Director Plan to Directors(3)(2)
Restricted shares issued from exercise of stock options(14)(24)
Shares issued related to the acquisition of a business(129)
Shares withheld for taxes129110
Number of shares held, end of period23,80823,549
Number of Common Stock A outstanding, end of period46,42046,669
Changes in Common Stock B:20232022
Number of shares, beginning of year12,95612,974
Common stock class conversions(2)(10)
Number of shares issued, end of period12,95412,964
Changes in Common Stock B in treasury:
Number of shares held, beginning of year3,9243,922
Purchase of treasury shares12
Number of shares held, end of period3,9253,924
Number of Common Stock B outstanding, end of period9,0299,040