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Defined Benefit Pension Plans
6 Months Ended
Oct. 31, 2021
Retirement Benefits [Abstract]  
Defined Benefit Pension Plans Defined Benefit Pension Plans
The Company has non-contributory defined benefit pension plans covering substantially all domestic salaried and hourly employees. These plans were amended as of April 30, 2005; no further benefits have been, or will be, earned under the plans, subsequent to the amendment date, and no additional participants will be added to the plans. There were no Company contributions paid to the plans for the three and six months ended October 31, 2021 and October 31, 2020. The Company assumed an expected long-term rate of return of 7.75% for the periods ended October 31, 2021 and October 31, 2020.
Pension (income) / expense consisted of the following (in thousands):
Three Months Ended
October 31, 2021October 31, 2020
Service cost$$
Interest cost177 181 
Expected return on plan assets(401)(321)
Recognition of net loss135 429 
Net periodic pension (income) expense$(89)$289 
Six Months Ended
October 31, 2021October 31, 2020
Service cost$$
Interest cost354 362 
Expected return on plan assets(802)(642)
Recognition of net loss270 857 
Net periodic pension (income) expense$(178)$577