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Equity-Based Compensation - (Tables)
6 Months Ended
Oct. 31, 2018
Equity-Based Compensation  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

Number of

 

Exercise

 

Contractual

 

Intrinsic

 

 

Options

 

Price

 

Life (years)

 

Value

 

 

(shares and dollars in thousands)

Outstanding as of April 30, 2018

 

1,952

 

$

14.37

 

6.52

 

$

33,209

Options granted

 

374

 

 

25.58

 

  

 

 

  

Options exercised

 

(78)

 

 

12.44

 

  

 

 

  

Options forfeited

 

(5)

 

 

36.23

 

  

 

 

  

Options expired

 

 —

 

 

 —

 

  

 

 

 

Outstanding as of October 31, 2018

 

2,243

 

$

16.26

 

6.64

 

$

6,365

Exercisable as of October 31, 2018

 

1,708

 

$

13.14

 

5.83

 

$

6,330

Vested and expected to vest as of October 31, 2018

 

2,232

 

$

16.20

 

6.63

 

$

6,365

 

Schedule of weighted average assumptions used in Black-Scholes option-pricing model

 

 

 

 

 

    

Six Months Ended

 

 

October 31, 2018

Volatility

 

33.71

%

Expected life (years)

 

6.0

 

Risk-free interest rate

 

2.87

%

Dividend yield

 

 —

%

 

Summary of restricted stock unity activity

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

Number of

 

Average

 

 

Restricted

 

Exercise

 

 

Stock Units

 

Price

Outstanding as of April 30, 2018

 

21,766

 

$

37.49

Granted

 

166,973

 

 

25.58

Vested

 

(655)

 

 

37.49

Forfeited

 

(1,229)

 

 

35.37

Outstanding as of October 31, 2018

 

186,855

 

$

26.86