v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Apr. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
Activity for performance-based and other restricted stock awards during the years ended April 30, was as follows (shares in thousands):
202620252024
Restricted
Shares
Weighted
Average
Grant Date
Value
Restricted
Shares
Restricted
Shares
Nonvested shares at beginning of year1,216$38.51 1,2031,073
Granted599$42.77 7351,089
Change in shares due to performance33$28.67 7154
Vested and issued(492)$40.57 (448)(660)
Forfeited(147)$40.87 (345)(353)
Nonvested shares at end of year1,209$39.22 1,2161,203
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount
We recognized stock-based compensation expense (including stock options) primarily in Operating and administrative expenses on the Consolidated Statements of Income (Loss), on a pretax basis, as follows:
For the Years Ended April 30,
202620252024
Stock-based compensation expense
$20,608 $22,222 $24,982 
Schedule of Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award The total grant date value of shares vested during the years ended April 30 was as follows:
202620252024
Grant date value of shares vested
$19,966 $18,504 $29,874 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table provides the estimated weighted average fair value for options granted during the year ended April 30, 2024 using the Black-Scholes option-pricing model, and the significant weighted average assumptions used in their determination:
Weighted average fair value of options on grant date$6.47 
 
Weighted average assumptions:
Expected life of options (years)6.3
Risk-free interest rate4.6 %
Expected volatility34.0 %
Expected dividend yield4.6 %
Fair value of common stock on grant date$30.37 
Exercise price of stock option grant$34.86 
Schedule of Share-based Payment Arrangement, Option, Activity
The following table summarizes the activity and status of our stock option plans during the year ended April 30, 2026:
Number
of Options
(in 000’s)
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Term
(in years)
Aggregate
Intrinsic
Value
(in millions)
Outstanding at beginning of year250$46.87 
Granted$— 
Exercised(3)$32.68 
Expired or forfeited(3)$55.99 
Outstanding at end of year244$46.93 6.5$0.8 
Exercisable at end of year181$50.90 6.2$0.4 
Vested and expected to vest in the future at April 30243$46.98 6.5$0.8