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Defined Benefit Pension Plans
9 Months Ended
Jan. 31, 2022
Retirement Benefits [Abstract]  
Defined Benefit Pension Plans Defined Benefit Pension Plans
The Company has non-contributory defined benefit pension plans covering substantially all domestic salaried and hourly employees. These plans were amended as of April 30, 2005; no further benefits have been, or will be, earned under the plans, subsequent to the amendment date, and no additional participants will be added to the plans. There were no Company contributions paid to the plans for the three and nine months ended January 31, 2022 and January 31, 2021. The Company assumed an expected long-term rate of return of 7.75% for the periods ended January 31, 2022 and January 31, 2021.
Pension (income) / expense consisted of the following (in thousands):
Three Months Ended
January 31, 2022January 31, 2021
Service cost$$
Interest cost177 181 
Expected return on plan assets(401)(321)
Recognition of net loss136 428 
Net periodic pension (income) expense$(88)$288 
Nine Months Ended
January 31, 2022January 31, 2021
Service cost$$
Interest cost531 543 
Expected return on plan assets(1,203)(963)
Recognition of net loss406 1,285 
Net periodic pension (income) expense$(266)$865