Self-Insurance Reserves

12 Months Ended

Apr. 30, 2021

Commitments And Contingencies Disclosure [Abstract]

Self Insurance Reserves

11. Self-Insurance Reserves

Prior to the Separation, we participated in an occurrence-based program based on our current and historical claims experience and the availability and cost of insurance.  Following the Separation, we have fully insured programs.  While we remain responsible for claims under the former self-insured program, reserves have either been eliminated, or greatly reduced, because of the settlement of prior claims and the immaterial nature that potential future claims will have on the overall financial statements.  While we believe these reserves to be adequate, it is possible that the ultimate liabilities will exceed such estimates.

The following table summarizes the activity in the workers’ compensation, product liability, and medical/dental reserves in the fiscal year ended April 30, 2021 and 2020 (in thousands):

	For the years ended April 30,
	2021			2020
Beginning balance	$	403		$	615
Changes in provisions charged to expense		(230	)		1,530
Payments		(115	)		(1,742	)
Ending balance	$	58		$	403

It is our policy to provide an estimate for loss as a result of expected adverse findings or legal settlements on product liability, and other matters when such losses are probable and are reasonably estimable. It is also our policy to accrue for reasonable estimable legal costs associated with defending such litigation. While such estimates involve a range of possible costs, we determine, in consultation with counsel, the most likely cost within such range on a case-by-case basis.