Deferred Compensation and Retirement Plans (Tables)

9 Months Ended

Jan. 31, 2022

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Benefits Costs

The components of net periodic benefit costs are as follows:

	Three Months Ended January 31,						Nine Months Ended January 31,
	2022			2021			2022			2021
	(in thousands)
Service cost	$	9,762		$	8,218		$	28,190		$	23,698
Interest cost		1,038			1,047			3,095			3,127
Amortization of actuarial loss		537			997			1,622			2,990
Expected return on plan assets (1)		(387	)		(351	)		(1,160	)		(1,053	)
Net periodic service credit amortization		(101	)		(101	)		(304	)		(304	)
Net periodic benefit costs (2)	$	10,849		$	9,810		$	31,443		$	28,458

(1) The expected long-term rate of return on plan assets was 6.00% and 6.00% for January 31, 2022 and 2021, 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 (loss) income, net, respectively, on the consolidated statements of income.