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Capital Stock and Changes in Capital Accounts (Tables) | 9 Months Ended
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Jan. 31, 2024
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,
| 2024 |  | 2023 |  | 2024 |  | 2023
Shares repurchased - Class A | 203 |  |  | 157 |  |  | 870 |  |  | 539 |
Shares repurchased - Class B | 1 |  |  | 1 |  |  | 2 |  |  | 1 |
Average Price - Class A and Class B | $ | 31.92 |  |  | $ | 41.14 |  |  | $ | 33.24 |  |  | $ | 44.47 |
Cash Dividends Paid | The following table summarizes the cash dividends paid during the nine months ended January 31, 2024:
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 26, 2023 |  | $0.3500 per common share |  | $19.4 million |  | Class A and Class B |  | July 20, 2023 |  | July 6, 2023
September 28, 2023 |  | $0.3500 per common share |  | $19.3 million |  | Class A and Class B |  | October 25, 2023 |  | October 10, 2023
December 14, 2023 |  | $0.3500 per common share |  | $19.2 million |  | Class A and Class B |  | January 11, 2024 |  | December 27, 2023
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: | 2024 |  | 2023
Number of shares issued, beginning of year | 70,231 |  | 70,226
Common stock class conversions | 7 |  | 2
Number of shares issued, end of period | 70,238 |  | 70,228
Changes in Common Stock A in treasury: |  |  |
Number of shares held, beginning of year | 23,983 |  | 23,515
Purchases of treasury shares | 870 |  | 539
Restricted shares issued under stock-based compensation plans – non-PSU Awards | (234) |  | (208)
Restricted shares issued under stock-based compensation plans – PSU Awards | (233) |  | (150)
Shares issued to directors | (29) |  | (3)
Restricted shares issued from exercise of stock options | — |  | (14)
Shares withheld for taxes | 162 |  | 129
Number of shares held, end of period | 24,519 |  | 23,808
Number of Common Stock A outstanding, end of period | 45,719 |  | 46,420
Changes in Common Stock B: | 2024 |  | 2023
Number of shares issued, beginning of year | 12,951 |  | 12,956
Common stock class conversions | (7) |  | (2)
Number of shares issued, end of period | 12,944 |  | 12,954
Changes in Common Stock B in treasury: |  |  |
Number of shares held, beginning of year | 3,925 |  | 3,924
Purchases of treasury shares | 2 |  | 1
Number of shares held, end of period | 3,927 |  | 3,925
Number of Common Stock B outstanding, end of period | 9,017 |  | 9,029

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