XML 94 R79.htm IDEA: XBRL DOCUMENT v3.7.0.1
Income Taxes - Reconciliation of Provision for Income Taxes from Continuing Operations (Detail) - USD ($)
$ in Thousands
 12 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2015
Income Tax Disclosure [Abstract]      
Federal income taxes expected at 35% statutory rate $ 66,957 $ 50,783 $ 27,556
State income taxes, less federal income tax benefit 5,310 4,349 3,015
Stock compensation (3,092) 108 82
Business meals and entertainment 296 233 205
Domestic production activity deduction (5,728) (4,414) (2,462)
Research and development tax credit (453) (215) (100)
Change in uncertain tax positions   (91)  
Other 162 382 609
Total income tax expense [1] $ 63,452 $ 51,135 $ 28,905
[1] For the years ended April 30, 2017 and 2016, we allocated all of corporate overhead expenses except for interest and income taxes, such as general and administrative expenses and other corporate-level expenses, to both our Firearms and Outdoor Products & Accessories segments. For the year ended April 30, 2015, segment information herein has been restated from that previously presented to allocate corporate overhead expenses on the same basis. Corporate overhead expenses were not previously allocated for the year ended April 30, 2015 due to the timing of the BTI Acquisition.