Comprehensive income is comprised of net income and all changes to stockholders’ equity, except those changes resulting from investments by stockholders (changes in paid in capital) and distributions to stockholders (dividends), and is reported in the accompanying condensed consolidated statements of comprehensive income. Accumulated other comprehensive loss, net of taxes, is recorded as a component of stockholders’ equity.


	January 31, 2026		April 30, 2025

	(in thousands)
Foreign currency translation adjustments	$	(72,954)	$	(93,904)
Deferred compensation and pension plan adjustments, net of tax	7,568		7,604
Marketable securities unrealized gain, net of tax	49		57
Accumulated other comprehensive loss, net	$	(65,337)	$	(86,243)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended January 31, 2026:


	Foreign Currency Translation		Deferred Compensation and Pension Plan		Unrealized Gains on Marketable Securities		Accumulated Other Comprehensive Loss

	(in thousands)
Balance as of October 31, 2025	$	(94,584)	$	7,579	$	45	$	(86,960)
Unrealized gains arising during the period	21,630		—		4		21,634
Reclassification of realized net gains to net income	—		(11)		—		(11)
Balance as of January 31, 2026	$	(72,954)	$	7,568	$	49	$	(65,337)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the nine months ended January 31, 2026:


	Foreign Currency Translation		Deferred Compensation and Pension Plan		Unrealized Gains on Marketable Securities		Accumulated Other Comprehensive Loss

	(in thousands)
Balance as of April 30, 2025	$	(93,904)	$	7,604	$	57	$	(86,243)
Unrealized gains (losses) arising during the period	20,950		—		(8)		20,942
Reclassification of realized net gains to net income	—		(36)		—		(36)
Balance as of January 31, 2026	$	(72,954)	$	7,568	$	49	$	(65,337)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended January 31, 2025:


	Foreign Currency Translation		Deferred Compensation and Pension Plan		Unrealized Gains on Marketable Securities		Accumulated Other Comprehensive Loss

	(in thousands)
Balance as of October 31, 2024	$	(108,781)	$	8,223	$	57	$	(100,501)
Unrealized losses arising during the period	(21,313)		—		(21)		(21,334)
Reclassification of realized net losses (gains) to net income	—		56		(2)		54
Balance as of January 31, 2025	$	(130,094)	$	8,279	$	34	$	(121,781)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the nine months ended January 31, 2025:


	Foreign Currency Translation		Deferred Compensation and Pension Plan (1)		Unrealized (Losses) Gains on Marketable Securities		Accumulated Other Comprehensive Loss

	(in thousands)
Balance as of April 30, 2024	$	(116,004)	$	8,370	$	(37)	$	(107,671)
Unrealized (losses) gains arising during the period	(14,090)		—		73		(14,017)
Reclassification of realized net gains to net income	—		(91)		(2)		(93)
Balance as of January 31, 2025	$	(130,094)	$	8,279	$	34	$	(121,781)


(1)			The tax effect on the reclassification of realized net gains was $0.1 million for the nine months ended January 31, 2025.