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Stock-Based Compensation (Tables) | 6 Months Ended
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Oct. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Compensation Employee Stock Purchase Plan Activity | We recognized stock-based compensation expense, on a pretax basis, as follows:
| Three Months Ended October 31, |  | Six Months Ended October 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Stock-based compensation expense | $ | 6,034 |  |  | $ | 6,515 |  |  | $ | 12,002 |  |  | $ | 12,801 |
Schedule of Nonvested Restricted Stock Shares Activity | The following table summarizes awards we granted to employees (shares in thousands):
| Six Months Ended October 31,
| 2024 |  | 2023
Restricted Stock: |  |  |
Awards granted (shares) | 708 |  | 825
Weighted average fair value of grant | $ | 43.01 |  |  | $ | 31.66 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following table provides the estimated weighted average fair value for options granted during the six months ended October 31, 2023 using the Black-Scholes option-pricing model, and the significant weighted average assumptions used in their determination.
| Six Months Ended October 31,
| 2023
Weighted average fair value of options on grant date | $ | 7.94 |
Weighted average assumptions: |
Expected life of options (years) | 6.3
Risk-free interest rate | 3.9 | %
Expected volatility | 33.5 | %
Expected dividend yield | 4.3 | %
Fair value of common stock on grant date | $ | 32.68 |
Exercise price of stock option grant | $ | 32.68 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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