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Financial Instruments (Tables)
 12 Months Ended
Apr. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments and Balance Sheet Classification
The following tables show the Company’s financial instruments and balance sheet classification as of April 30, 2025 and 2024:
April 30, 2025
Fair Value Measurement Balance Sheet Classification
CostUnrealized
Gains		Unrealized
Losses		Fair
Value		Cash and
Cash
Equivalents		Marketable
Securities,
Current		Marketable
Securities,
Non-current
Income Taxes & Other Receivables
(in thousands)
Changes in Fair Value Recorded in
Other Comprehensive Income
Level 2:
Commercial paper$3,842 $— $(1)$3,841 $500 $3,341 $— $— 
Corporate notes/bonds32,747 83 (10)32,820 — 18,709 14,111 — 
U.S. Treasury and Agency Securities3,497 4 — 3,501 — 1,995 1,506 — 
Total debt investments$40,086 $87 $(11)$40,162 $500 $24,045 $15,617 $— 
Changes in Fair Value Recorded in
Net Income
Level 1:
Mutual funds (1)
$230,352 $— $12,343 $218,009 $— 
Total equity investments$230,352 $— $12,343 $218,009 $— 
Cash$704,091 $704,091 $— $— $— 
Money market funds302,373 302,373 — — — 
Level 2:     
Foreign currency forward contracts891 — — — 891 
Total$1,277,869 $1,006,964 $36,388 $233,626 $891 
April 30, 2024
Fair Value Measurement Balance Sheet Classification
CostUnrealized
Gains		Unrealized
Losses		Fair
Value		Cash and
Cash
Equivalents		Marketable
Securities,
Current		Marketable
Securities,
Non-current
Other Accrued Liabilities
(in thousands)
Changes in Fair Value Recorded in
Other Comprehensive Loss
Level 2:
Commercial paper$16,873 $1 $(19)$16,855 $3,932 $12,923 $— $— 
Corporate notes/bonds17,322 3 (27)17,298 — 10,050 7,248 — 
U.S. Treasury and Agency Securities4,355 — (9)4,346 — 2,441 1,905 — 
Total debt investments$38,550 $4 $(55)$38,499 $3,932 $25,414 $9,153 $— 
Changes in Fair Value Recorded in
Net Income
Level 1:
Mutual funds (1)
$219,856 $— $17,328 $202,528 $— 
Total equity investments$219,856 $— $17,328 $202,528 $— 
Cash$790,938 $790,938 $— $— $— 
Money market funds146,135 146,135 — — — 
Level 2:
Foreign currency forward contracts(427)— — — (427)
Total$1,195,001 $941,005 $42,742 $211,681 $(427)
_______________________________
(1)These investments are held in trust for settlement of the Company’s vested obligations of $205.3 million and $198.6 million as of April 30, 2025 and 2024, respectively, under the ECAP (see Note 6 — Deferred Compensation and Retirement Plans). Unvested obligations under the deferred compensation plans totaled $19.5 million and $22.4 million as of April 30, 2025 and 2024, respectively. During fiscal 2025, 2024 and 2023 the fair value of the investments increased; therefore, the Company recognized income of $17.1 million, $29.8 million and $2.9 million respectively, which was recorded in other income, net.
Schedule of Financial Instruments and Balance Sheet Classification
The following tables show the Company’s financial instruments and balance sheet classification as of April 30, 2025 and 2024:
April 30, 2025
Fair Value Measurement Balance Sheet Classification
CostUnrealized
Gains		Unrealized
Losses		Fair
Value		Cash and
Cash
Equivalents		Marketable
Securities,
Current		Marketable
Securities,
Non-current
Income Taxes & Other Receivables
(in thousands)
Changes in Fair Value Recorded in
Other Comprehensive Income
Level 2:
Commercial paper$3,842 $— $(1)$3,841 $500 $3,341 $— $— 
Corporate notes/bonds32,747 83 (10)32,820 — 18,709 14,111 — 
U.S. Treasury and Agency Securities3,497 4 — 3,501 — 1,995 1,506 — 
Total debt investments$40,086 $87 $(11)$40,162 $500 $24,045 $15,617 $— 
Changes in Fair Value Recorded in
Net Income
Level 1:
Mutual funds (1)
$230,352 $— $12,343 $218,009 $— 
Total equity investments$230,352 $— $12,343 $218,009 $— 
Cash$704,091 $704,091 $— $— $— 
Money market funds302,373 302,373 — — — 
Level 2:     
Foreign currency forward contracts891 — — — 891 
Total$1,277,869 $1,006,964 $36,388 $233,626 $891 
April 30, 2024
Fair Value Measurement Balance Sheet Classification
CostUnrealized
Gains		Unrealized
Losses		Fair
Value		Cash and
Cash
Equivalents		Marketable
Securities,
Current		Marketable
Securities,
Non-current
Other Accrued Liabilities
(in thousands)
Changes in Fair Value Recorded in
Other Comprehensive Loss
Level 2:
Commercial paper$16,873 $1 $(19)$16,855 $3,932 $12,923 $— $— 
Corporate notes/bonds17,322 3 (27)17,298 — 10,050 7,248 — 
U.S. Treasury and Agency Securities4,355 — (9)4,346 — 2,441 1,905 — 
Total debt investments$38,550 $4 $(55)$38,499 $3,932 $25,414 $9,153 $— 
Changes in Fair Value Recorded in
Net Income
Level 1:
Mutual funds (1)
$219,856 $— $17,328 $202,528 $— 
Total equity investments$219,856 $— $17,328 $202,528 $— 
Cash$790,938 $790,938 $— $— $— 
Money market funds146,135 146,135 — — — 
Level 2:
Foreign currency forward contracts(427)— — — (427)
Total$1,195,001 $941,005 $42,742 $211,681 $(427)
_______________________________
(1)These investments are held in trust for settlement of the Company’s vested obligations of $205.3 million and $198.6 million as of April 30, 2025 and 2024, respectively, under the ECAP (see Note 6 — Deferred Compensation and Retirement Plans). Unvested obligations under the deferred compensation plans totaled $19.5 million and $22.4 million as of April 30, 2025 and 2024, respectively. During fiscal 2025, 2024 and 2023 the fair value of the investments increased; therefore, the Company recognized income of $17.1 million, $29.8 million and $2.9 million respectively, which was recorded in other income, net.
Schedule of Fair Value of Assets Derivatives
The fair value of derivatives not designated as hedge instruments are as follows:
April 30,
20252024
(in thousands)
Derivative assets:
Foreign currency forward contracts$2,486 $979 
Derivative liabilities:
Foreign currency forward contracts$1,595 $1,406 
Schedule of Fair Value of Liabilities Derivatives
The fair value of derivatives not designated as hedge instruments are as follows:
April 30,
20252024
(in thousands)
Derivative assets:
Foreign currency forward contracts$2,486 $979 
Derivative liabilities:
Foreign currency forward contracts$1,595 $1,406