XML 45 R26.htm IDEA: XBRL DOCUMENT
v3.26.1

Restructuring | 12 Months Ended
--- | ---
Apr. 30, 2026
Restructuring Costs [Abstract] |
Restructuring | 15. Restructuring As a result of the Relocation, ($509,000), $1.2 million, and $7.1 million of restructuring charges, net of adjustments to our prior estimates, were recorded in fiscal 2026, 2025, and 2024, respectively. The following table summarizes restructuring charges by line item for fiscal 2026, 2025 and 2024 (in thousands):
|  | For the Year Ended April 30, |
|  | 2026 |  |  | 2025 |  |  | 2024 |
Cost of sales |  | $ | (137 | ) |  | $ | 1,063 |  |  | $ | 2,116 |
Selling, marketing, and distribution |  |  | (39 | ) |  |  | 132 |  |  |  | 2,974 |
General and administrative |  |  | (333 | ) |  |  | (22 | ) |  |  | 1,963 |
Total restructuring charges, net |  | $ | (509 | ) |  | $ | 1,173 |  |  | $ | 7,053 |
The components of the restructuring charges recorded in our consolidated statements of income are as follows (in thousands):
|  | For the Year Ended April 30, |
|  | 2026 |  |  | 2025 |  |  | 2024 |
Consulting and outside services |  | $ | 377 |  |  | $ | 1,462 |  |  | $ | 992 |
Employee relocation (a) |  |  | (316 | ) |  |  | 520 |  |  |  | 887 |
Employee relations |  |  | — |  |  |  | 113 |  |  |  | 2,011 |
Office rent and equipment |  |  | — |  |  |  | — |  |  |  | 2,298 |
Public relations |  |  | — |  |  |  | — |  |  |  | 904 |
Freight |  |  | — |  |  |  | — |  |  |  | 199 |
Severance and employee-related benefits (a) |  |  | (570 | ) |  |  | (922 | ) |  |  | (238 | )
Total restructuring charges, net |  | $ | (509 | ) |  | $ | 1,173 |  |  | $ | 7,053 |
(a) Recorded in accrued payroll and incentives. The following table summarizes the activity in the severance and employee-related benefits and relocation accruals for fiscal 2026 and fiscal 2025 (in thousands):
|  | Severance and employee- related benefits |  |  | Relocation |  |  | Total (a) |
Accrual at April 30, 2024 |  | $ | 5,527 |  |  | $ | 828 |  |  | $ | 6,355 |
Charges |  |  | (922 | ) |  |  | 520 |  |  |  | (402 | )
Cash payments and settlements |  |  | (3,233 | ) |  |  | (890 | ) |  |  | (4,123 | )
Accrual at April 30, 2025 |  |  | 1,372 |  |  |  | 458 |  |  |  | 1,830 |
Charges |  |  | (570 | ) |  |  | (316 | ) |  |  | (886 | )
Cash payments and settlements |  |  | (478 | ) |  |  | (142 | ) |  |  | (620 | )
Accrual at April 30, 2026 |  | $ | 324 |  |  | $ | (0 | ) |  | $ | 324 |
(a) Recorded in accrued payroll and incentives.

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RestructuringCostsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration