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Income Taxes
6 Months Ended
Oct. 31, 2017
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The Company computes its interim provision for income taxes by applying the estimated annual effective tax rate to income from operations and adjusts the provision for discrete tax items occurring in the period. For all periods presented, the Company was in a domestic net operating loss position, as such all income tax expenses incurred during the periods presented relate to foreign and state jurisdictions. The Company’s effective tax rate for the three months ended October 31, 2017 was an expense of 133.3 percent compared to an expense of 2.3 percent for the three months ended October 31, 2016. The Company’s effective tax rate for the six months ended October 31, 2017 was an expense of 17.0% compared to an expense of 2.5% for the six months ended October 31, 2016. The effective tax rate for the three and six months ended October 31, 2017 increased compared to the same periods in 2016 as a result of an increase in projected alternative minimum tax in the US for fiscal 2018 and discrete foreign withholding tax items booked during the three and six month periods ended October 31, 2017. The tax expense for the three and six months ended October 31, 2016 was primarily attributable to estimated foreign and state income tax expense as the Company was in a net tax loss position in the US.