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Stockholders' Equity (Tables)
3 Months Ended
Jul. 31, 2025
Equity [Abstract]  
Reconciliation of Net Income Amounts and Weighted Average Number of Common and Common Equivalent Shares Used to Determine Basic and Diluted Earnings per Share

The following table provides a reconciliation of the net income amounts and weighted average number of common and common equivalent shares used to determine basic and diluted earnings per common share (in thousands, except per share data):

 

For the Three Months Ended July 31,

 

 

2025

 

 

2024

 

 

Net

 

 

 

 

 

Per Share

 

 

Net

 

 

 

 

 

Per Share

 

 

Loss

 

 

Shares

 

 

Amount

 

 

Loss

 

 

Shares

 

 

Amount

 

Basic earnings

$

 

(3,411

)

 

 

44,262

 

 

$

 

(0.08

)

 

$

 

(1,855

)

 

 

45,321

 

 

$

 

(0.04

)

Effect of dilutive stock awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings

$

 

(3,411

)

 

 

44,262

 

 

$

 

(0.08

)

 

$

 

(1,855

)

 

 

45,321

 

 

$

 

(0.04

)

 

Summary of Activity for Unvested RSUs and PSUs

A summary of activity for unvested RSUs and PSUs for the three months ended July 31, 2025 and 2024 is as follows:

 

 

For the Three Months Ended July 31,

 

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Weighted

 

 

 

 

Total # of

 

 

Average

 

 

Total # of

 

 

 

Average

 

 

 

 

Restricted

 

 

Grant Date

 

 

Restricted

 

 

 

Grant Date

 

 

 

 

Stock Units

 

 

Fair Value

 

 

Stock Units

 

 

 

Fair Value

 

 

RSUs and PSUs outstanding, beginning of period

 

 

1,204,133

 

 

$

14.21

 

 

 

1,000,347

 

 

 

$

13.45

 

 

Awarded

 

 

752,643

 

 

 

9.37

 

 

 

543,697

 

 

 

 

16.15

 

 

Released

 

 

(278,557

)

 

 

14.20

 

 

 

(220,525

)

 

 

 

13.24

 

 

Forfeited

 

 

(115,293

)

 

 

14.22

 

 

 

(74,044

)

 

 

 

19.51

 

 

RSUs and PSUs outstanding, end of period

 

 

1,562,926

 

 

$

11.87

 

 

 

1,249,475

 

 

 

$

14.30