Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Apr. 30, 2022

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

The following table sets forth certain unaudited financial information for each quarter of the years ended April 30, 2022 and 2021. The unaudited quarterly information includes all adjustments (consisting of normal recurring adjustments) that, in the opinion of management, are necessary for the fair presentation of the information presented.


	Year Ended April 30, 2022
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(in thousands, except per share data)
Net sales	$	1,042,076	$	1,150,551	$	1,153,595	$	1,288,653
Gross profit	335,833		371,870		367,772		412,800
Net income	61,202		74,361		61,383		76,496
Per share data
Weighted average shares outstanding(1):
Basic	43,089		43,135		43,094		42,977
Diluted	43,972		43,894		43,945		43,776
Net income per share(1):
Basic	$	1.42	$	1.72	$	1.42	$	1.78
Diluted	$	1.39	$	1.69	$	1.40	$	1.75


	Year Ended April 30, 2021
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(in thousands, except per share data)
Net sales	$	802,573	$	812,856	$	751,191	$	932,203
Gross profit	260,458		265,071		243,324		293,850
Net income	27,219		28,469		16,126		33,746
Per share data
Weighted average shares outstanding(1):
Basic	42,624		42,723		42,726		42,994
Diluted	43,017		43,174		43,361		43,828
Net income per share(1):
Basic	$	0.64	$	0.67	$	0.38	$	0.78
Diluted	$	0.63	$	0.66	$	0.37	$	0.77

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(1)Basic and diluted net income per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly basic and diluted net income per share amounts may not equal annual basic and diluted net income per share amounts.