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Income Taxes (Tables) | 12 Months Ended
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Apr. 30, 2025
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense | The provision for income taxes were as follows:
| For the Years Ended April 30,
| 2025 |  | 2024 |  | 2023
Current provision |  |  |  |  |
US – Federal | $ | 5,497 |  |  | $ | 2,152 |  |  | $ | 2,857 |
International | 50,300 |  |  | 49,357 |  |  | 48,694 |
State and local | 1,981 |  |  | (337) |  |  | 1,797 |
Total current provision | $ | 57,778 |  |  | $ | 51,172 |  |  | $ | 53,348 |
Deferred provision (benefit) |  |  |  |  |
US – Federal | $ | 3,394 |  |  | $ | (25,026) |  |  | $ | (24,368) |
International | 1,696 |  |  | (4,772) |  |  | (8,705) |
State and local | (4,151) |  |  | (8,102) |  |  | (4,408) |
Total deferred provision (benefit) | $ | 939 |  |  | $ | (37,900) |  |  | $ | (37,481) |
Total provision | $ | 58,717 |  |  | $ | 13,272 |  |  | $ | 15,867 |
Schedule of Income Before Income Tax, Domestic and Foreign | International and United States pretax income (loss) were as follows:
| For the Years Ended April 30,
| 2025 |  | 2024 |  | 2023
International | $ | 189,781 |  |  | $ | 109,616 |  |  | $ | 204,055 |
United States | (46,903) |  |  | (296,663) |  |  | (170,955) |
Total | $ | 142,878 |  |  | $ | (187,047) |  |  | $ | 33,100 |
Schedule of Effective Income Tax Rate Reconciliation | Our effective income tax rate as a percentage of pretax income differed from the US federal statutory rate as shown below:
| For the Years Ended April 30,
| 2025 |  | 2024 |  | 2023
US federal statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
Impact of foreign operations | 8.8 | % |  | (11.7) | % |  | (10.5) | %
Change in valuation allowance | 14.4 | % |  | (14.0) | % |  | (7.4) | %
State income taxes, net of US federal tax benefit | (1.5) | % |  | 4.6 | % |  | (7.2) | %
Tax credits and related net benefits | (2.7) | % |  | 1.8 | % |  | (12.1) | %
Impairment of goodwill | — | % |  | (10.9) | % |  | 66.7 | %
Return to provision | (1.9) | % |  | 6.1 | % |  | (13.7) | %
Other | 3.0 | % |  | (4.0) | % |  | 11.1 | %
Effective income tax rate | 41.1 | % |  | (7.1) | % |  | 47.9 | %
Schedule of Unrecognized Tax Benefits | A reconciliation of the unrecognized tax benefits included within the Other long-term liabilities on the Consolidated Statements of Financial Position is as follows:
| For the Years Ended April 30,
| 2025 |  | 2024
Balance at May 1 | $ | 9,151 |  |  | $ | 9,421 |
Additions for current year tax positions | 1,423 |  |  | 1,607 |
Reductions for prior year tax positions | (337) |  |  | (181) |
Payments and settlements | — |  |  | (849) |
Reductions for lapse of statute of limitations | (440) |  |  | (847) |
Balance at April 30 | $ | 9,797 |  |  | $ | 9,151 |
Schedule of Deferred Tax Assets and Liabilities | The significant components of deferred tax assets and liabilities as of April 30 were as follows:
| 2025 |  | 2024
Net operating losses | $ | 11,360 |  |  | $ | 22,587 |
Reserve for sales returns and doubtful accounts | 2,095 |  |  | 2,363 |
Accrued employee compensation | 24,967 |  |  | 27,293 |
Foreign and federal credits | 28,835 |  |  | 33,742 |
Other accrued expenses | 1,009 |  |  | 3,822 |
Retirement and post-employment benefits | 8,282 |  |  | 10,203 |
Operating lease liabilities | 18,308 |  |  | 23,095 |
Interest expense disallowance | 14,919 |  |  | 10,676 |
Impairment | 9,543 |  |  | — |
Other | 415 |  |  | — |
Total gross deferred tax assets | $ | 119,733 |  |  | $ | 133,781 |
Less valuation allowance | (77,309) |  |  | (53,498) |
Total deferred tax assets | $ | 42,424 |  |  | $ | 80,283 |
Prepaid expenses and other assets | $ | (861) |  |  | $ | (5,352) |
Unremitted foreign earnings | (2,220) |  |  | (3,115) |
Intangible and fixed assets | (130,077) |  |  | (155,862) |
Right-of-use assets | (10,848) |  |  | (12,685) |
Total deferred tax liabilities | $ | (144,006) |  |  | $ | (177,014) |
Net deferred tax liabilities | $ | (101,582) |  |  | $ | (96,731) |
Reported As |  |  |
Deferred tax assets excluding held-for-sale | 3,563 |  |  | 3,147 |
Deferred tax assets held-for-sale | — |  |  | 6,176 |
Deferred tax assets | $ | 3,563 |  |  | $ | 9,323 |
Deferred tax liabilities excluding held-for-sale | (105,145) |  |  | (97,186) |
Deferred tax liabilities held-for-sale | — |  |  | (8,868) |
Deferred tax liabilities | (105,145) |  |  | (106,054) |
Net deferred tax liabilities | $ | (101,582) |  |  | $ | (96,731) |

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