v3.25.2
Retirement Plans (Tables)
 12 Months Ended
Apr. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Net Periodic Pension Expense (Income) for Defined Benefit Plans and Weighted-Average Assumptions
The components of net pension expense (income) for the defined benefit plans and the weighted average assumptions were as follows:
For the Years Ended April 30,
202520242023
US Non-US US Non-US US Non-US
Service cost$— $560 $— $532 $— $796 
Interest cost12,133 16,603 11,654 16,069 11,242 13,389 
Expected return on plan assets(9,610)(18,449)(10,372)(19,443)(9,924)(23,134)
Amortization of prior service cost(154)66 (154)60 (154)60 
Amortization of net actuarial loss2,314 6,058 2,446 5,656 2,295 3,851 
Curtailment/settlement (credit)— (181)— — — (1,828)
Net pension expense (income)$4,683 $4,657 $3,574 $2,874 $3,459 $(6,866)
Discount rate5.8 %5.1 %5.1 %4.8 %4.6 %3.0 %
Rate of compensation increaseN/A3.0 %N/A3.0 %N/A3.1 %
Expected return on plan assets5.8 %6.2 %5.8 %6.4 %5.0 %5.5 %
Schedule of Defined Benefit Plans Disclosures
The following table sets forth the changes in, and the status of, our defined benefit plans’ assets and benefit obligations:
20252024
USNon-USUSNon-US
CHANGE IN PLAN ASSETS
Fair value of plan assets, beginning of year$173,569 $293,168 $186,607 $302,055 
Actual return on plan assets13,312 (7,426)(707)(7,276)
Employer contributions3,198 13,526 3,672 11,708 
Employee contributions— — — — 
Settlements— (729)— — 
Benefits paid(15,909)(14,560)(16,003)(12,215)
Foreign currency rate changes— 18,553 — (1,104)
Fair value, end of year$174,170 $302,532 $173,569 $293,168 
CHANGE IN PROJECTED BENEFIT OBLIGATION
Benefit obligation, beginning of year$(215,563)$(324,362)$(235,888)$(343,008)
Service cost— (560)— (532)
Interest cost(12,133)(16,603)(11,654)(16,069)
Actuarial (losses) gains
(4,760)22,520 15,976 21,258 
Benefits paid15,909 14,560 16,003 12,215 
Foreign currency rate changes— (19,984)— 2,009 
Settlements and other— 1,097 — (235)
Benefit obligation, end of year$(216,547)$(323,332)$(215,563)$(324,362)
Underfunded status, end of year$(42,377)$(20,800)$(41,994)$(31,194)
AMOUNTS RECOGNIZED ON THE STATEMENT OF FINANCIAL POSITION    
Noncurrent assets— 12,885 — 2,967 
Current pension liability(2,881)(1,282)(3,093)(1,193)
Noncurrent pension liability excluding held-for-sale(39,496)(32,403)(38,901)(31,931)
Noncurrent pension liability held-for-sale— — — (1,037)
Noncurrent pension liability(39,496)(32,403)(38,901)(32,968)
Net amount recognized in statement of financial position$(42,377)$(20,800)$(41,994)$(31,194)
AMOUNTS RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS (BEFORE TAX) CONSIST OF
Net actuarial losses$(75,768)$(206,945)$(77,025)$(196,705)
Prior service cost gains (losses)1,484 (992)1,638 (1,224)
Total accumulated other comprehensive loss$(74,284)$(207,937)$(75,387)$(197,929)
Change in accumulated other comprehensive loss$1,103 $(10,008)$7,188 $830 
INFORMATION FOR PENSION PLANS WITH AN ACCUMULATED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Accumulated benefit obligation$216,547 $34,189 $215,563 $34,274 
Fair value of plan assets$174,170 $511 $173,569 $481 
INFORMATION FOR PENSION PLANS WITH A PROJECTED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Projected benefit obligation$216,547 $34,198 $215,563 $34,643 
Fair value of plan assets$174,170 $511 $173,569 $481 
WEIGHTED AVERAGE ASSUMPTIONS USED IN DETERMINING ASSETS AND LIABILITIES
Discount rate5.7 %5.5 %5.1 %4.8 %
Rate of compensation increaseN/A3.0 %N/A3.0 %
Accumulated benefit obligations$(216,547)$(315,748)$(215,563)$(316,107)
Schedule of Pension Plan Assets at Fair Value by Level Within Fair Value Hierarchy
The following tables set forth, by level within the fair value hierarchy, pension plan assets at their fair value as of April 30:
20252024
Level 1Level 2NAVTotalLevel 1Level 2NAVTotal
US Plan Assets
Global Equity Securities: Limited Partnership$4,904 $51,727 $56,631 $5,598 $58,238 $63,836 
Fixed Income Securities: Commingled Trust Funds 117,539 117,539 109,733 109,733 
Total Assets$4,904 $169,266 $174,170 $5,598 $167,971 $173,569 
Non-US Plan Assets
Equity securities:
US equities$— $25,110 $25,110 $— $22,496 $22,496 
Non-US equities— 9,530 9,530 — 9,637 9,637 
Balanced managed funds— 71,629 71,629 — 60,959 60,959 
Fixed income securities: Commingled funds— 100,740 100,740 — 125,223 125,223 
Other:    
Real estate/other— 511 511 — 480 480 
Cash and cash equivalents12,503 82,509 95,012 1,328 73,045 74,373 
Total Non-US plan assets$12,503 $290,029 $— $302,532 $1,328 $291,840 $— $293,168 
Total plan assets$12,503 $294,933 $169,266 $476,702 $1,328 $297,438 $167,971 $466,737 
Schedule of Expected Benefit Payments
Benefit payments to retirees from all defined benefit plans are expected to be the following in the fiscal year indicated:
Fiscal YearUSNon-USTotal
2026$15,943 $13,773 $29,716 
202715,880 14,497 30,377 
202815,865 14,741 30,606 
202915,886 15,879 31,765 
203015,624 16,817 32,441 
2031–203577,327 97,312 174,639 
Total$156,525 $173,019 $329,544