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Stock-Based Compensation | 6 Months Ended
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Oct. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Stock-Based Compensation | Stock-Based Compensation The Company has various stock-based compensation plans. During the six-months ended October 31, 2025, the Board of Directors (the "Board") approved grants of service-based restricted stock units ("RSUs") to non-employee directors. These service-based RSUs (i) vest daily through the end of the one-year vesting period as long as the recipient continuously remains a member of the Board and (ii) entitle the recipient to receive one share of the Company's common stock per unit vested. The Board also approved grants of service-based RSUs and performance-based RSUs to key employees. The performance-based RSUs entitle the recipients to receive one share of the Company's common stock per unit granted if applicable performance conditions are met and the recipient remains continuously employed with the Company until the units cliff vest at the end of the three-year vesting period. The service-based RSUs granted to key employees entitle the recipients to receive one share of the Company's common stock per unit granted if they remain continuously employed with the Company until the units vest. Service-based RSUs granted to employees vest one-third on each of the first, second and third anniversaries of the grant date. The Board also approved special retention awards to the Company's executive officers. The special retention awards consist of service-based RSUs that cliff vest one year from the date of award. The Compensation Committee of the Board approved these special retention awards to maintain the continuity of the Company’s management team, promote retention of critical leadership talent and focus on long-term value creation by further aligning management’s interests with those of the Company’s shareholders, following the departure of the Company’s chief financial officer during a challenging business environment and increased economic uncertainty. The fair value of the Company's RSU awards is expensed on a straight-line basis over the vesting period of the RSUs to the extent the Company believes it is probable the related performance criteria, if any, will be met. The following table summarizes the Company's stock-based compensations grants for the six months ended October 31, 2025:
(in thousands, except per share amounts) |  | Stock Awards Granted
Service-based RSUs |  | 129,510
Performance-based RSUs |  | 158,010
For the three- and six-month periods ended October 31, 2025 and 2024, stock-based compensation expense was allocated as follows:
|  | Three Months Ended |  | Six Months Ended
|  | October 31, |  | October 31,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Cost of sales and distribution |  | $ | 544 |  |  | $ | 596 |  |  | $ | 1,068 |  |  | $ | 1,136 |
Selling and marketing expenses |  | 494 |  |  | 487 |  |  | 960 |  |  | 1,061 |
General and administrative expenses |  | 1,589 |  |  | 1,781 |  |  | 2,859 |  |  | 3,608 |
Stock-based compensation expense |  | $ | 2,627 |  |  | $ | 2,864 |  |  | $ | 4,887 |  |  | $ | 5,805 |

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent + Details
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