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Comprehensive Income
 12 Months Ended
Apr. 30, 2024
Equity [Abstract]  
Comprehensive Income Comprehensive Income
Comprehensive income is comprised of net income and all changes to stockholders’ equity, except those changes resulting from investments by stockholders (changes in paid-in capital) and distributions to stockholders (dividends) and is reported in the accompanying consolidated statements of comprehensive income. Accumulated other comprehensive loss, net of taxes, is recorded as a component of stockholders’ equity.
The components of accumulated other comprehensive loss, net were as follows:
April 30,
20242023
(in thousands)
Foreign currency translation adjustments$(116,004)$(96,860)
Deferred compensation and pension plan adjustments, net of taxes8,370 4,381 
Marketable securities unrealized loss, net of tax
(37)(285)
Accumulated other comprehensive loss, net$(107,671)$(92,764)
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 (Losses)
Gains on Marketable
Securities (2)
Accumulated
Other
Comprehensive
Loss
(in thousands)
Balance as of May 1, 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)
Unrealized (losses) gains arising during the period(19,144)3,663 248 (15,233)
Reclassification of realized net losses to net income— 326 — 326 
Balance as of April 30, 2024$(116,004)$8,370 $(37)$(107,671)
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(1)The tax effects on unrealized gains were $1.3 million, $1.1 million and $6.0 million as of April 30, 2024, 2023 and 2022, respectively. The tax effects on reclassifications of realized net losses were $0.1 million, $0.1 million and $0.5 million as of April 30, 2024, 2023 and 2022, respectively.
(2)The tax effects on unrealized gains (losses) were $0.1 million, $0.1 million and $(0.1) million as of April 30, 2024, 2023 and 2022, respectively.