v3.26.1
Retirement Plans (Tables)
 12 Months Ended
Apr. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Net Periodic Pension Expense (Income) for Defined Benefit Plans and Weighted-Average Assumptions
The components of net pension expense for the defined benefit plans and the weighted average assumptions were as follows:
For the Years Ended April 30,
202620252024
USNon-USUSNon-USUSNon-US
Service cost$— $499 $— $560 $— $532 
Interest cost11,850 17,479 12,133 16,603 11,654 16,069 
Expected return on plan assets(9,641)(18,371)(9,610)(18,449)(10,372)(19,443)
Amortization of prior service cost(154)60 (154)66 (154)60 
Amortization of net actuarial loss2,293 6,532 2,314 6,058 2,446 5,656 
Curtailment/settlement (credit)— — — (181)— — 
Net pension expense$4,348 $6,199 $4,683 $4,657 $3,574 $2,874 
 
Discount rate5.7 %5.5 %5.8 %5.1 %5.1 %4.8 %
Rate of compensation increaseN/A3.0 %N/A3.0 %N/A3.0 %
Expected return on plan assets5.8 %6.2 %5.8 %6.2 %5.8 %6.4 %
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:
20262025
USNon-USUSNon-US
CHANGE IN PLAN ASSETS
Fair value of plan assets, beginning of year$174,170 $302,532 $173,569 $293,168 
Actual return on plan assets17,429 13,376 13,312 (7,426)
Employer contributions2,961 1,887 3,198 13,526 
Employee contributions— — — — 
Settlements— — — (729)
Benefits paid(15,677)(14,548)(15,909)(14,560)
Foreign currency rate changes— 3,870 — 18,553 
Fair value, end of year$178,883 $307,117 $174,170 $302,532 
CHANGE IN PROJECTED BENEFIT OBLIGATION
Benefit obligation, beginning of year$(216,547)$(323,332)$(215,563)$(324,362)
Service cost— (499)— (560)
Interest cost(11,850)(17,479)(12,133)(16,603)
Actuarial gains (losses)1,282 14,725 (4,760)22,520 
Benefits paid15,677 14,548 15,909 14,560 
Foreign currency rate changes— (4,572)— (19,984)
Settlements and other— — — 1,097 
Benefit obligation, end of year$(211,438)$(316,609)$(216,547)$(323,332)
Underfunded status, end of year$(32,555)$(9,492)$(42,377)$(20,800)
AMOUNTS RECOGNIZED ON THE STATEMENT OF FINANCIAL POSITION
Noncurrent assets— 21,769 — 12,885 
Current pension liability(2,884)(1,405)(2,881)(1,282)
Noncurrent pension liability(29,671)(29,856)(39,496)(32,403)
Net amount recognized in statement of financial position$(32,555)$(9,492)$(42,377)$(20,800)
AMOUNTS RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS (BEFORE TAX) CONSIST OF
Net actuarial losses$(64,405)$(193,249)$(75,768)$(206,945)
Prior service cost gains (losses)1,330 (947)1,484 (992)
Total accumulated other comprehensive loss$(63,075)$(194,196)$(74,284)$(207,937)
Change in accumulated other comprehensive loss$11,209 $13,741 $1,103 $(10,008)
INFORMATION FOR PENSION PLANS WITH AN ACCUMULATED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Accumulated benefit obligation$211,438 $31,783 $216,547 $34,189 
Fair value of plan assets$178,883 $527 $174,170 $511 
INFORMATION FOR PENSION PLANS WITH A PROJECTED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Projected benefit obligation$211,438 $31,789 $216,547 $34,198 
Fair value of plan assets$178,883 $527 $174,170 $511 
WEIGHTED AVERAGE ASSUMPTIONS USED IN DETERMINING ASSETS AND LIABILITIES
Discount rate5.8 %6.0 %5.7 %5.5 %
Rate of compensation increaseN/A3.0 %N/A3.0 %
Accumulated benefit obligations$(211,438)$(308,934)$(216,547)$(315,748)
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:
20262025
Level 1Level 2NAVTotalLevel 1Level 2NAVTotal
US Plan Assets
Global equity securities: Limited Partnership$4,740 $49,912 $54,652 $4,904 $51,727 $56,631 
Fixed income securities: Commingled trust funds— 124,231 124,231 — 117,539 117,539 
Total US plan assets$4,740 $174,143 $178,883 $4,904 $169,266 $174,170 
Non-US Plan Assets
Equity securities:
US equities$— $11,922 $11,922 $— $25,110 $25,110 
Non-US equities5,412 5,412 9,530 9,530 
Balanced managed funds— 49,171 49,171 — 71,629 71,629 
Fixed income securities: Commingled funds— 145,632 145,632 — 100,740 100,740 
Other:
Real estate/other— 526 526 — 511 511 
Cash and cash equivalents11,057 83,397 94,454 12,503 82,509 95,012 
Total Non-US plan assets$11,057 $296,060 $— $307,117 $12,503 $290,029 $— $302,532 
Total plan assets$11,057 $300,800 $174,143 $486,000 $12,503 $294,933 $169,266 $476,702 
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
2027$16,120 $14,921 $31,041 
202816,100 15,000 31,100 
202916,117 16,233 32,350 
203015,796 17,207 33,003 
203115,623 17,998 33,621 
2032–203677,619 103,865 181,484 
Total$157,375 $185,224 $342,599