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Income Taxes (Tables) | 12 Months Ended
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Apr. 30, 2026
Income Tax Disclosure [Abstract] |
Schedule of (Benefit) Provision for Income Taxes | The (benefit) provision for income taxes were as follows:
| For the Years Ended April 30, |
| 2026 |  | 2025 |  | 2024 |
Current provision |  |  |  |  |  |
US – Federal | $ | 4,445 |  |  | $ | 5,497 |  |  | $ | 2,152 |  |
International | 62,254 |  |  | 50,300 |  |  | 49,357 |  |
State and local | 1,454 |  |  | 1,981 |  |  | (337) |  |
Total current provision | $ | 68,153 |  |  | $ | 57,778 |  |  | $ | 51,172 |  |
Deferred (benefit) provision |  |  |  |  |  |
US – Federal | $ | (53,217) |  |  | $ | 3,394 |  |  | $ | (25,026) |  |
International | (10,993) |  |  | 1,696 |  |  | (4,772) |  |
State and local | (10,474) |  |  | (4,151) |  |  | (8,102) |  |
Total deferred (benefit) provision | $ | (74,684) |  |  | $ | 939 |  |  | $ | (37,900) |  |
Total (benefit) provision | $ | (6,531) |  |  | $ | 58,717 |  |  | $ | 13,272 |  |
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, |
| 2026 |  | 2025 |  | 2024 |
International | $ | 192,809 |  |  | $ | 189,781 |  |  | $ | 109,616 |  |
United States | 22,277 |  |  | (46,903) |  |  | (296,663) |  |
Total | $ | 215,086 |  |  | $ | 142,878 |  |  | $ | (187,047) |  |
Schedule of Effective Income Tax Rate Reconciliation | reconciliation of our US federal statutory tax rate to our effective income tax rate, presented as both a rate and dollar amount, is as follows:
| For the Year Ended April 30, 2026 |
US federal statutory rate | $ | 45,168 |  |  | 21.0 | % |
State and local income tax, net of federal (national) income tax effect(1) | (9,478) |  |  | (4.4) | % |
Foreign tax effects |  |  |  |
United Kingdom | 5,773 |  |  | 2.7 | % |
Germany |  |  |  |
Statutory tax rate difference | (4,630) |  |  | (2.2) | % |
Changes in future corporate income tax rate | (4,286) |  |  | (2.0) | % |
Trade tax | 12,225 |  |  | 5.7 | % |
Other | 905 |  |  | 0.4 | % |
Hong Kong |  |  |  |
Pillar II top-up tax | 2,611 |  |  | 1.2 | % |
Tax exemption | (2,873) |  |  | (1.3) | % |
Other | (782) |  |  | (0.4) | % |
Brazil |  |  |  |
Withholding tax | 2,686 |  |  | 1.2 | % |
Other | 59 |  |  | — | % |
Australia | 2,164 |  |  | 1.0 | % |
Other foreign jurisdictions | 599 |  |  | 0.3 | % |
Effect of changes in tax laws or rates enacted in the current period | — |  |  | — | % |
Effect of cross-border tax laws |  |  |  |
Net controlled foreign corporation tested income | 3,942 |  |  | 1.8 | % |
Foreign-derived deduction eligible income | (5,049) |  |  | (2.3) | % |
Tax credits | (1,737) |  |  | (0.8) | % |
Changes in valuation allowances | (57,019) |  |  | (26.4) | % |
Nontaxable or nondeductible items | 3,482 |  |  | 1.6 | % |
Worldwide changes in unrecognized tax benefits | 333 |  |  | 0.2 | % |
Other adjustments | (624) |  |  | (0.3) | % |
Effective income tax rate | $ | (6,531) |  |  | (3.0) | % |
(1) | State taxes in California, New Jersey, Illinois, Pennsylvania, Massachusetts, Maryland, and New York made up the majority (greater than 50 percent) of the tax effect in this category
Prior to the adoption of ASU 2023-09, 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 |
US federal statutory rate |  |  | 21.0 | % |  | 21.0 | % |
Impact of foreign operations |  |  | 8.8 | % |  | (11.7) | % |
Change in valuation allowance |  |  | 14.4 | % |  | (14.0) | % |
State income taxes, net of US federal tax benefit |  |  | (1.5) | % |  | 4.6 | % |
Tax credits and related net benefits |  |  | (2.7) | % |  | 1.8 | % |
Impairment of goodwill |  |  | — | % |  | (10.9) | % |
Return to provision |  |  | (1.9) | % |  | 6.1 | % |
Other |  |  | 3.0 | % |  | (4.0) | % |
Effective income tax rate |  |  | 41.1 | % |  | (7.1) | % |
Schedule of Cash Paid for Income Taxes, Net of Refunds | Cash paid for income taxes, net of refunds received, by jurisdiction is as follows:
| For the Year Ended April 30, 2026 |
Federal | $ | 410 |  |
State and local | 1,789 |  |
International |  |
UK | 21,317 |  |
Germany | 20,910 |  |
Australia | 8,377 |  |
Other | 5,621 |  |
Cash paid for income taxes, net of refunds received | $ | 58,424 |  |
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, |
| 2026 |  | 2025 |
Balance at May 1 | $ | 9,797 |  |  | $ | 9,151 |  |
Additions for current year tax positions | 1,428 |  |  | 1,423 |  |
Reductions for prior year tax positions | (119) |  |  | (337) |  |
Reductions for lapse of statute of limitations | (887) |  |  | (440) |  |
Balance April 30 | $ | 10,219 |  |  | $ | 9,797 |  |
Schedule of Deferred Tax Assets and Liabilities | The significant components of deferred tax assets and liabilities as of April 30 were as follows:
| 2026 |  | 2025 |
Net operating losses | $ | 7,437 |  |  | $ | 11,360 |  |
Capital losses | 2,948 |  |  | — |  |
Reserve for sales returns and doubtful accounts | 2,988 |  |  | 2,095 |  |
Accrued employee compensation | 20,946 |  |  | 24,967 |  |
Foreign and federal credits | 23,891 |  |  | 28,835 |  |
Other accrued expenses | 1,039 |  |  | 1,009 |  |
Retirement and post-employment benefits | 5,491 |  |  | 8,282 |  |
Operating lease liabilities | 16,685 |  |  | 18,308 |  |
Interest expense disallowance | 6,689 |  |  | 14,919 |  |
Impairment | — |  |  | 9,543 |  |
Other | 517 |  |  | 415 |  |
Total gross deferred tax assets | $ | 88,631 |  |  | $ | 119,733 |  |
Less valuation allowance | (7,282) |  |  | (77,309) |  |
Total deferred tax assets | $ | 81,349 |  |  | $ | 42,424 |  |
Prepaid expenses and other assets | $ | (813) |  |  | $ | (861) |  |
Unremitted foreign earnings | (2,220) |  |  | (2,220) |  |
Intangible and fixed assets | (108,088) |  |  | (130,077) |  |
Right-of-use assets | (10,289) |  |  | (10,848) |  |
Total deferred tax liabilities | $ | (121,410) |  |  | $ | (144,006) |  |
Net deferred tax liabilities | $ | (40,061) |  |  | $ | (101,582) |  |
Reported As |  |  |  |
Deferred tax assets | $ | 58,911 |  |  | $ | 3,563 |  |
Deferred tax liabilities | (98,972) |  |  | (105,145) |  |
Net deferred tax liabilities | $ | (40,061) |  |  | $ | (101,582) |  |

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