Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Apr. 30, 2023

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, 2023 and 2022. 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, 2023
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(in thousands, except per share data)
Net sales	$	1,359,553	$	1,430,979	$	1,234,618	$	1,304,102
Gross profit	434,721		464,500		402,248		424,476
Net income	89,470		103,153		64,775		75,593
Per share data
Weighted average shares outstanding(1):
Basic	42,549		42,232		41,578		41,239
Diluted	43,317		42,887		42,232		41,913
Net income per share(1):
Basic	$	2.10	$	2.44	$	1.56	$	1.83
Diluted	$	2.07	$	2.41	$	1.53	$	1.80


	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

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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.