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Capital Stock and Changes in Capital Accounts
9 Months Ended
Jan. 31, 2024
Stockholders' Equity Note [Abstract]  
Capital Stock and Changes in Capital Accounts Capital Stock and Changes in Capital Accounts
Share Repurchases
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,
2024202320242023
Shares repurchased - Class A203 157 870 539 
Shares repurchased - Class B1 2 
Average Price - Class A and Class B$31.92 $41.14 $33.24 $44.47 
Dividends
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 DividendTotal DividendClass of Common StockDividend Paid DateShareholders of
Record as of Date
June 26, 2023
$0.3500 per common share
$19.4 millionClass A and Class BJuly 20, 2023July 6, 2023
September 28, 2023
$0.3500 per common share
$19.3 millionClass A and Class BOctober 25, 2023October 10, 2023
December 14, 2023
$0.3500 per common share
$19.2 millionClass A and Class BJanuary 11, 2024December 27, 2023
Changes in Common Stock
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:20242023
Number of shares issued, beginning of year70,23170,226
Common stock class conversions72
Number of shares issued, end of period70,23870,228
Changes in Common Stock A in treasury:
Number of shares held, beginning of year23,98323,515
Purchases of treasury shares870539
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 taxes162129
Number of shares held, end of period24,51923,808
Number of Common Stock A outstanding, end of period45,71946,420
Changes in Common Stock B:20242023
Number of shares issued, beginning of year12,95112,956
Common stock class conversions(7)(2)
Number of shares issued, end of period12,94412,954
Changes in Common Stock B in treasury:
Number of shares held, beginning of year3,9253,924
Purchases of treasury shares21
Number of shares held, end of period3,9273,925
Number of Common Stock B outstanding, end of period9,0179,029