Stock-Based Compensation (Tables)
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12 Months Ended |
Apr. 30, 2025 |
Share-Based Payment Arrangement [Abstract] |
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Share-based Payment Arrangement, Stock Appreciation Right, Activity [Table Text Block] |
The following table presents information about SSARs outstanding as of April 30, 2025, and for the year then ended. | | | | | | | | | | | | | | | | | | | | | | | | | Number of SSARs (in thousands) | | Weighted- Average Exercise Price per SSAR | | Weighted- Average Remaining Contractual Term (years) | | Aggregate Intrinsic Value | Outstanding at April 30, 2024 | 3,750 | | | $ | 55.37 | | | | | | Granted | 595 | | | 44.97 | | | | | | Exercised | (19) | | | 39.58 | | | | | | Forfeited or expired | (448) | | | 42.98 | | | | | | | | | | | | | | Outstanding at April 30, 2025 | 3,878 | | | $ | 55.29 | | | 4.6 | | $ | — | | Exercisable at April 30, 2025 | 2,653 | | | $ | 53.25 | | | 3.1 | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Schedule of Share-Based Payment Award, Stock Appreciation Rights, Valuation Assumptions [Table Text Block] |
The weighted-average grant-date fair values and related valuation assumptions for the SSARS granted during each of the last three years were as follows: | | | | | | | | | | | | | | | | | | | 2023 | | 2024 | | 2025 | | | | | | | Grant-date fair value | $ | 20.67 | | | $ | 21.69 | | | $ | 12.86 | | Valuation assumptions: | | | | | | Expected term (years) | 7.0 | | 7.0 | | 7.0 | Risk-free interest rate | 2.7 | % | | 4.1 | % | | 4.1 | % | Expected volatility | 24.8 | % | | 25.0 | % | | 26.1 | % | Expected dividend yield | 1.0 | % | | 1.2 | % | | 1.9 | % |
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Share-Based Payment Arrangement, PBRSU, Activity [Table Text Block] |
The following table presents information about PBRSUs outstanding as of April 30, 2025, and for the year then ended. | | | | | | | | | | | | | | | | | | | | | Number of PBRSUs (in thousands) | | Weighted- Average Fair Value at Grant Date | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding at April 30, 2024 | 413 | | | $ | 76.53 | | | | | | Granted | 356 | | | $ | 42.09 | | | | | | Adjusted for performance and dividends | (50) | | | $ | 70.04 | | | | | | Converted to common shares | (54) | | | $ | 70.04 | | | | | | Forfeited | (27) | | | $ | 48.81 | | | | | | Outstanding at April 30, 2025 | 638 | | | $ | 59.53 | | | | | |
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Schedule of Share-Based Payment Award, Performance Based Restricted Stock Units, Valuation Assumptions [Table Text Block] |
The following table shows the assumptions used in the Monte Carlo simulation model to value the awards granted during each of the last three fiscal years. | | | | | | | | | | | | | | | | | | | 2023 | | 2024 | | 2025 | | | | | | | | | | | | | | | | | | | | | | | | | Valuation assumptions: | | | | | | Risk-free interest rate | 2.8 | % | | 4.6 | % | | 4.3 | % | Expected volatility | 29.8 | % | | 22.2 | % | | 24.6 | % | Expected dividend yield | 1.0 | % | | 1.2 | % | | 1.9 | % | Remaining performance period (years) as of grant date | 2.8 | | 2.8 | | 2.8 |
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Share-based Payment Arrangement, Performance Based Restricted Stock Units, Activity [Table Text Block] |
The following table presents information about RSUs outstanding as of April 30, 2025, and for the year then ended. | | | | | | | | | | | | | | | | | | | | | Number of RSUs (in thousands) | | Weighted- Average Fair Value at Grant Date | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding at April 30, 2024 | 87 | | | $ | 68.88 | | | | | | Granted | 157 | | | $ | 44.65 | | | | | | Additions for dividend equivalents | 4 | | | $ | 53.38 | | | | | | Converted to common shares | (30) | | | $ | 68.28 | | | | | | Forfeited | (10) | | | $ | 45.83 | | | | | | Outstanding at April 30, 2025 | 208 | | | $ | 51.51 | | | | | |
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Grant Date Fair Values of DSUs [Table Text Block] |
The weighted average grant-date fair values for these awards granted during each of the last three years were as follows: | | | | | | | | | | | | | | | | | | | 2023 | | 2024 | | 2025 | | | | | | | Grant-date fair value | $ | 72.10 | | | $ | 71.23 | | | $ | 45.99 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Share-based Payment Arrangement, Cost by Plan [Table Text Block] |
The pre-tax stock-based compensation expense and related deferred income tax benefits recognized during the last three fiscal years were as follows: | | | | | | | | | | | | | | | | | | | 2023 | | 2024 | | 2025 | Pre-tax compensation expense | $ | 18 | | | $ | 25 | | | $ | 28 | | Deferred tax benefit | 3 | | | 3 | | | 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Stock-Based Awards, Other Information [Table Text Block] |
Further information related to our stock-based awards for the last three years is as follows: | | | | | | | | | | | | | | | | | | | 2023 | | 2024 | | 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Intrinsic value of SSARs exercised | $ | 19 | | | $ | 12 | | | $ | — | | | | | | | | | | | | | | | | | | | | Fair value of shares vested | 6 | | | 4 | | | 5 | | Tax benefit from exercise / vesting of awards | 4 | | | 3 | | | 1 | | | | | | | |
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