v3.26.1
Capital Stock and Changes in Capital Accounts
 3 Months Ended
Jul. 31, 2026
Stockholders' Equity Note [Abstract]  
Capital Stock and Changes in Capital Accounts Capital Stock and Changes in Capital Accounts
Share Repurchases
In fiscal year 2020, our Board of Directors authorized a share repurchase program of up to $200 million of Class A or B Common Stock, which was fully utilized as of April 30, 2026. In the first quarter of fiscal year 2026, our Board of Directors authorized an additional share repurchase program of up to $250 million of Class A or B Common Stock. As of July 31, 2026, $192.4 million of share repurchase authority remained under this authorization.
The following table summarizes the share repurchases (shares in thousands):
Three Months Ended
July 31,
20262025
Shares repurchased - Class A330 331 
Shares repurchased - Class B1 1 
Average price - Class A and Class B$45.44 $42.22 
The average price per share excludes excise taxes payable on share repurchases and may differ from the share repurchases reflected in Purchases of treasury shares in our Unaudited Condensed Consolidated Statements of Cash Flows. As of July 31, 2026, total shares repurchased include unsettled purchases.
Dividends
We declared and paid quarterly cash dividends on our Class A and Class B Common Stock for a total of $18.2 million and $19.0 million in the three months ended July 31, 2026 and 2025, respectively.
Changes in Common Stock
The following is a summary of changes during the three months ended July 31, in shares of our common stock and common stock in treasury (shares in thousands):
Changes in Class A Common Stock:20262025
Number of shares, beginning of year70,314 70,312 
Common stock class conversions— — 
Number of shares issued, end of period
70,314 70,312 
 
Changes in Class A Common Stock in treasury:
Number of shares held, beginning of year28,219 25,687 
Restricted shares issued under stock-based compensation plans(311)(259)
Impact of tax withholding on stock-based compensation and other117 92 
Purchases of treasury shares330 331 
Number of shares held, end of period
28,355 25,851 
Number of Class A Common Stock outstanding, end of period
41,959 44,461 
 
Changes in Class B Common Stock:20262025
Number of shares, beginning of year12,86812,870
Common stock class conversions— — 
Number of shares issued, end of period
12,86812,870
 
Changes in Class B Common Stock in treasury:
Number of shares held, beginning of year4,1084,101
Purchases of treasury shares1 1 
Number of shares held, end of period
4,1094,102
Number of Class B Common Stock outstanding, end of period
8,7598,768