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.


	July 31, 2026		April 30, 2026

	(in thousands)
Foreign currency translation adjustments	$	(90,436)	$	(81,518)
Deferred compensation and pension plan adjustments, net of tax	8,803		8,721
Marketable securities unrealized loss, net of tax	—		(30)
Accumulated other comprehensive loss, net	$	(81,633)	$	(72,827)

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


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

	(in thousands)
Balance as of April 30, 2026	$	(81,518)	$	8,721	$	(30)	$	(72,827)
Unrealized losses arising during the period	(8,918)		—		(34)		(8,952)
Reclassification of realized net losses to net income	—		82		64		146
Balance as of July 31, 2026	$	(90,436)	$	8,803	$	—	$	(81,633)

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


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

	(in thousands)
Balance as of April 30, 2025	$	(93,904)	$	7,604	$	57	$	(86,243)
Unrealized losses arising during the period	(1,536)		—		(58)		(1,594)
Reclassification of realized net gains to net income	—		(14)		—		(14)
Balance as of July 31, 2025	$	(95,440)	$	7,590	$	(1)	$	(87,851)