Condensed Consolidated Financial Statements Condensed Consolidated Financial Statements (Policies)

6 Months Ended

Oct. 31, 2016

Accounting Policies [Abstract]

Excise Taxes [Policy Text Block]

Effective beginning May 1, 2016, we changed our presentation of excise taxes from the gross method (included in sales and costs) to the net method (excluded from sales). As a result, the amounts presented as “net sales” in our financial statements now exclude excise taxes. We believe the change in presentation to the net method is preferable because it is more representative of the internal financial information reviewed by management in assessing our performance and more consistent with the presentation used by our major competitors in their external financial statements. Prior period financial statements have been recast to conform to the new presentation.