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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.

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- 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

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X

- References

No definition available.

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