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Equity-Based Compensation - (Tables)
12 Months Ended
Apr. 30, 2017
Equity-Based Compensation  
Schedule of weighted average assumptions used in Black-Scholes option-pricing model

                                                                                                                                                                                                                   

 

 

April 30,
2017

 

Volatility

 

 

40.68

%

Expected life (years)

 

 

6.0

 

Risk-free interest rate

 

 

1.55

%

Dividend yield

 

 

%

 

Summary of stock option activity

 

 

Number of
options

 

Weighted
average
exercise
price

 

Weighted
average
remaining
contractual
life (years)

 

Aggregate
intrinsic
value

 

Outstanding at May 1, 2015

 

 

2,824,050

 

$

12.53

 

 

 

 

 

 

 

​  

​  

​  

​  

Options granted

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

529,595

 

 

12.31

 

 

 

 

 

 

 

Options forfeited

 

 

359,349

 

 

12.31

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Outstanding at April 30, 2016

 

 

1,935,106

 

$

12.37

 

 

7.98

 

$

16,700

 

​  

​  

​  

​  

​  

​  

​  

​  

Options granted

 

 

180,539

 

 

23.65

 

 

 

 

 

 

 

Options exercised

 

 

28,000

 

 

12.31

 

 

 

 

 

 

 

Options forfeited

 

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Outstanding at April 30, 2017

 

 

2,087,645

 

$

13.49

 

 

7.23

 

$

47,336

 

​  

​  

​  

​  

​  

​  

​  

​  

Exercisable at April 30, 2017

 

 

1,211,044

 

 

12.48

 

 

7.02

 

$

28,681

 

​  

​  

​  

​  

​  

​  

​  

​  

Expected to vest after April 30, 2017

 

 

876,601

 

$

14.88

 

 

7.52

 

$

18,655