XML 50 R36.htm IDEA: XBRL DOCUMENT v3.19.2
Stock-Based Compensation (Tables)
 12 Months Ended
Apr. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Option Activity
The following table presents a summary of the Company’s stock option activity for the fiscal years ended April 30, 2019, 2018 and 2017 (remaining contractual term in years and exercise prices are weighted-averages):
 
NUMBER OF OPTIONS

WEIGHTED AVERAGE REMAINING CONTRACTUAL TERM

WEIGHTED AVERAGE EXERCISE PRICE

AGGREGATE INTRINSIC VALUE
(in thousands)
Outstanding at April 30, 2016
126,633

 
5.8
 
$35.15
 
$
4,773


 
 
 
 
 
 
 
Exercised
(71,715
)
 
—
 
$33.00
 
2,597

Outstanding at April 30, 2017
54,918

 
5.6
 
$37.95
 
$
2,963


 
 
 
 
 
 
 
Exercised
(36,950
)
 
—
 
$34.90
 
1,748

Outstanding at April 30, 2018
17,968

 
4.5
 
$44.23
 
$
682











Exercised
(12,801
)

—

$39.04

651

Outstanding at April 30, 2019
5,167


6.1

$57.11

$
170











Vested and expected to vest in the future at April 30, 2019
5,167


6.1

$57.11

$
170

Exercisable at April 30, 2019
5,167


6.1

$57.11

$
170
Summary Of RSU's Activity
The following table contains a summary of the Company’s RSU activity for the fiscal years ended April 30, 2019, 2018 and 2017:
 
PERFORMANCE-BASED RSUs

SERVICE-BASED RSUs

TOTAL RSUs

WEIGHTED AVERAGE GRANT
DATE FAIR VALUE
Issued and outstanding, April 30, 2016
140,767


75,712


216,479


$40.88











Granted
36,058


25,322


61,380


$66.58
Cancelled due to non-achievement of performance goals
(4,270
)

—


(4,270
)

$64.55
Settled in common stock
(45,509
)

(32,300
)

(77,809
)

$37.09
Forfeited
(1,979
)

(1,280
)

(3,259
)

$49.40
Issued and outstanding, April 30, 2017
125,067


67,454


192,521


$50.09











Granted
33,080


22,250


55,330


$95.62
Cancelled due to non-achievement of performance goals
—


—


—


$—
Settled in common stock
(51,191
)

(28,447
)

(79,638
)

$32.96
Forfeited
(9,305
)

(6,198
)

(15,503
)

$71.91
Issued and outstanding, April 30, 2018
97,651


55,059


152,710


$73.34











Granted
45,615


30,335


75,950


$104.10
Cancelled due to non-achievement of performance goals
(10,352
)

—


(10,352
)

$80.26
Settled in common stock
(34,475
)

(18,778
)

(53,253
)

$60.50
Forfeited
(9,257
)

(5,347
)

(14,604
)

$79.49
Issued and outstanding, April 30, 2019
89,182


61,269


150,451


$76.91
Stock-Based Compensation Expense Allocated
For the fiscal years ended April 30, 2019, 2018 and 2017 stock-based compensation expense was allocated as follows:
(in thousands)
2019

2018

2017
Cost of sales and distribution
$
691


$
667


$
665

Selling and marketing expenses
649


756


1,066

General and administrative expenses
1,700


1,674


1,738

Stock-based compensation expense, before income taxes
$
3,040


$
3,097


$
3,469