Comprehensive (Loss) Income (Tables)

3 Months Ended

Jul. 31, 2020

The components of accumulated other comprehensive loss, net were as follows:

	July 31, 2020			April 30, 2020
	(in thousands)
Foreign currency translation adjustments	$	(58,705	)	$	(83,652	)
Deferred compensation and pension plan adjustments, net of tax		(22,912	)		(23,554	)
Marketable securities unrealized gain, net of tax		25			34
Accumulated other comprehensive loss, net	$	(81,592	)	$	(107,172	)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended July 31, 2020:

	Foreign Currency Translation			Deferred Compensation and Pension Plan (1)			Unrealized Gains on Marketable Securities			Accumulated Other Comprehensive Loss
	(in thousands)
Balance as of April 30, 2020	$	(83,652	)	$	(23,554	)	$	34		$	(107,172	)
Unrealized gains (losses) arising during the period		24,947			—			(9	)		24,938
Reclassification of realized net losses to net income		—			642			—			642
Balance as of July 31, 2020	$	(58,705	)	$	(22,912	)	$	25		$	(81,592	)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended July 31, 2019:

	Foreign Currency Translation			Deferred Compensation and Pension Plan (1)			Unrealized (Losses) Gains on Interest Rate Swap (2)			Accumulated Other Comprehensive Loss
	(in thousands)
Balance as of April 30, 2019	$	(60,270	)	$	(16,838	)	$	456		$	(76,652	)
Unrealized losses arising during the period		(5,362	)		—			(491	)		(5,853	)
Reclassification of realized net losses (gains) to net income		—			495			(104	)		391
Balance as of July 31, 2019	$	(65,632	)	$	(16,343	)	$	(139	)	$	(82,114	)

(1)	The tax effect on the reclassifications of realized net losses was $0.2 million and $0.2 million for the three months ended July 31, 2020 and 2019, respectively.

(2)	The tax effect on unrealized losses was $0.2 million for the three months ended July 31, 2019.