The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended January 31, 2024:


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

	(in thousands)
Balance as of October 31, 2023	$	(120,196)	$	4,436	$	(113)	$	(115,873)
Unrealized gains arising during the period	12,742		—		172		12,914
Reclassification of realized net losses to net income	—		29		—		29
Balance as of January 31, 2024	$	(107,454)	$	4,465	$	59	$	(102,930)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the nine months ended January 31, 2024:


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

	(in thousands)
Balance as of April 30, 2023	$	(96,860)	$	4,381	$	(285)	$	(92,764)
Unrealized (losses) gains arising during the period	(10,594)		—		344		(10,250)
Reclassification of realized net losses to net income	—		84		—		84
Balance as of January 31, 2024	$	(107,454)	$	4,465	$	59	$	(102,930)


(1)			The tax effect on the unrealized gains were $0.1 million and $0.1 million for the three and nine months ended January 31, 2024.
(2)			The tax effect on the reclassifications of realized net losses was $0.1 million for the nine months ended January 31, 2024.

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended January 31, 2023:


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

	(in thousands)
Balance as of October 31, 2022	$	(136,991)	$	1,066	$	(740)	$	(136,665)
Unrealized gains arising during the period	39,482		—		321		39,803
Reclassification of realized net losses to net income	—		60		—		60
Balance as of January 31, 2023	$	(97,509)	$	1,126	$	(419)	$	(96,802)

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the nine months ended January 31, 2023:


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

	(in thousands)
Balance as of April 30, 2022	$	(92,717)	$	961	$	(429)	$	(92,185)
Unrealized (losses) gains arising during the period	(4,792)		—		10		(4,782)
Reclassification of realized net losses to net income	—		165		—		165
Balance as of January 31, 2023	$	(97,509)	$	1,126	$	(419)	$	(96,802)


(1)			The tax effect on the unrealized gains was $0.1 million for the three months ended January 31, 2023.
(2)			The tax effect on the reclassifications of realized net losses was $0.1 million for the nine months ended January 31, 2023.