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Stock-Based Compensation (Tables)

9 Months Ended

Jan. 31, 2025

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 January 31,												Nine Months Ended January 31,
			2025						2024						2025						2024
Stock-based compensation expense			$	5,160					$	6,264					$	17,162					$	19,065

Schedule of Nonvested Restricted Stock Shares Activity

The following table summarizes awards we granted to employees (shares in thousands):

			Nine Months Ended January 31,
			2025						2024
Restricted Stock:
Awards granted (shares)			722						1,086
Weighted average fair value of grant			$	43.03					$	31.32

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 nine months ended January 31, 2024 using the Black-Scholes option-pricing model, and the significant weighted average assumptions used in their determination.

			Nine Months Ended January 31,
			2024
Weighted average fair value of options on grant date			$	6.47
Weighted average assumptions:
Expected life of options (years)			6.3
Risk-free interest rate			4.6		%
Expected volatility			34.0		%
Expected dividend yield			4.6		%
Fair value of common stock on grant date			$	30.37
Exercise price of stock option grant			$	34.86

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
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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.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
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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.

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