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Deferred Compensation and Retirement Plans (Tables)
9 Months Ended
Jan. 31, 2025
Retirement Benefits [Abstract]  
Schedule of 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,
2025202420252024
(in thousands)
Service cost$11,825 $11,347 $34,305 $32,526 
Interest cost4,513 3,435 13,477 10,228 
Amortization of actuarial loss33 184 97 551 
Expected return on plan assets (1)
(267)(272)(799)(816)
Net periodic service credit amortization(101)(101)(304)(304)
Net periodic benefit costs (2)
$16,003 $14,593 $46,776 $42,185 
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(1)
The expected long-term rate of return on plan assets was 6.00% for both January 31, 2025 and 2024.
(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 income, net, respectively, on the condensed consolidated statements of income.