Employee Stock Plans (Tables)

9 Months Ended

Jan. 31, 2013

Components Of Stock-Based Compensation Expense Recognized

The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated:

	Three Months  Ended January 31,						Nine Months Ended January  31,
	2013			2012			2013			2012
	(in thousands)
Restricted stock	$	2,297		$	3,198		$	8,130		$	9,119
Stock options		254			264			690			709
ESPP		—			(146	)		—			85
Total stock-based compensation expense, pre-tax		2,551			3,316			8,820			9,913
Tax benefit from stock-based compensation expense		(441	)		(1,147	)		(3,186	)		(3,475	)
Total stock-based compensation expense, net of tax	$	2,110		$	2,169		$	5,634		$	6,438

Stock Options And SAR Transactions

Stock options transactions under the Company’s 2008 Plan, as amended to date, were as follows:

	Nine Months Ended January 31, 2013
	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (In Years)		Aggregate Intrinsic Value
	(in thousands, except per share data)
Outstanding, April 30, 2012		1,492		$	14.00
Exercised		(171	)	$	8.42
Forfeited/expired.		(151	)	$	16.93
Outstanding, January 31, 2013		1,170		$	14.55		2.70	$	4,062
Exercisable, January 31, 2013		923		$	14.77		2.33	$	3,041

Additional Information Pertaining To Stock Options And SARs

Additional information pertaining to stock options:

	Three Months  Ended January 31,				Nine Months Ended January  31,
	2013		2012		2013		2012
	(in thousands, except per share data)
Weighted-average fair value of stock options granted	$	—	$	—	$	—	$	9.61
Total fair value of stock options vested	$	20	$	20	$	927	$	914
Total intrinsic value of stock options exercised	$	210	$	127	$	1,121	$	986

Restricted Stock Activity

Restricted stock activity during the nine months ended January 31, 2013, is summarized below:

	Shares			Weighted- Average Grant Date Fair Value
	(in thousands, except per share data)
Non-vested, April 30, 2012		1,781		$	9.85
Granted		847		$	13.77
Vested		(735	)	$	11.07
Forfeited/expired		(80	)	$	16.43
Non-vested, January 31, 2013		1,813		$	10.90