The Company maintains stock incentive plans pursuant to which it can grant restricted shares, unrestricted shares, incentive stock options, non-qualified stock options, restricted stock units (“RSUs”), performance stock units (“PSUs”) or stock appreciation rights. The fair value of PSUs and RSUs is equal to the stock price on the date of the grant. Share-based compensation expense included in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Income, for the three months ended April 30, 2026 and 2025, was as follows:


	Three Months Ended
	April 30,
	2026		2025
Performance Stock Units	$	1,164	$	1,205
Restricted Stock Units		6,973		6,558
Total	$	8,137	$	7,763

Share-based awards granted and the weighted-average fair value of such awards for the three months ended April 30, 2026 was as follows:


	Three Months Ended
	April 30, 2026
			Weighted-
	Awards		Average Fair
	Granted		Value
Performance Stock Units		74,634	$	65.85
Restricted Stock Units		485,096	$	65.85
Total		559,730

During the three months ended April 30, 2026, 145,244 PSUs vested and 727,839 RSUs vested.

The total unrecognized compensation cost related to outstanding share-based awards and the weighted-average period in which the cost is expected to be recognized as of April 30, 2026 was as follows:


	April 30, 2026
	Unrecognized		Weighted-
	Compensation		Average
	Cost		Years
Performance Stock Units	$	8,847		2.3
Restricted Stock Units		55,386		2.4
Total	$	64,233