Comprehensive Income (Tables)

12 Months Ended

Apr. 30, 2023

Components of Accumulated Other Comprehensive Loss

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


	April 30,
	2023		2022

	(in thousands)
Foreign currency translation adjustments	$	(96,860)	$	(92,717)
Deferred compensation and pension plan adjustments, net of taxes	4,381		961
Marketable securities unrealized loss, net of tax	(285)		(429)
Accumulated other comprehensive loss, net	$	(92,764)	$	(92,185)

Changes in Each Component of Accumulated Other Comprehensive Loss

The following table summarizes the changes in each component of accumulated other comprehensive loss, net:


	Foreign Currency Translation		Deferred Compensation and Pension Plan (1)		Unrealized Gains (Losses) on Marketable Securities (2)		Accumulated Other Comprehensive Loss

	(in thousands)
Balance as of May 1, 2020	$	(83,652)	$	(23,554)	$	34	$	(107,172)
Unrealized gains (losses) arising during the period	49,986		2,660		(53)		52,593
Reclassification of realized net losses to net income	—		2,759		—		2,759
Balance as of April 30, 2021	(33,666)		(18,135)		(19)		(51,820)
Unrealized (losses) gains arising during the period	(59,051)		17,747		(411)		(41,715)
Reclassification of realized net losses to net income	—		1,349		1		1,350
Balance as of April 30, 2022	(92,717)		961		(429)		(92,185)
Unrealized (losses) gains arising during the period	(4,143)		3,211		144		(788)
Reclassification of realized net losses to net income	—		209		—		209
Balance as of April 30, 2023	$	(96,860)	$	4,381	$	(285)	$	(92,764)

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(1)The tax effects on unrealized gains were $1.1 million, $6.0 million and $1.1 million as of April 30, 2023, 2022 and 2021, respectively. The tax effects on reclassifications of realized net losses were $0.1 million, $0.5 million and $1.0 million as of April 30, 2023, 2022 and 2021, respectively.

(2)The tax effects on unrealized gain (losses) were $0.1 million and $(0.1) million as of April 30, 2023 and 2022, respectively.