Deferred Compensation and Retirement Plans (Tables)

3 Months Ended

Jul. 31, 2025

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Benefits Costs

The components of net periodic benefit costs are as follows:

	Three Months Ended July 31,
	2025		2024
	(in thousands)
Service cost	$	11,673	$	10,655
Interest cost	3,884		4,451
Amortization of actuarial loss	127		32
Expected return on plan assets (1)	(278)		(266)
Net periodic service credit amortization	(101)		(101)
Net periodic benefit costs (2)	$	15,305	$	14,771

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(1) The expected long-term rate of return on plan assets was 6.25% and 6.00% for July 31, 2025 and 2024, respectively.

(2) The service cost, interest cost and the other components of net periodic benefit costs are included in compensation and benefits expense, interest expense, net and other income, net, respectively, on the condensed consolidated statements of income.