Employee Benefit and Retirement Plans (Tables)

12 Months Ended

Apr. 30, 2022

Retirement Benefits [Abstract]

Reconciliation Of Benefit Obligations, Plan Assets, And Funded Status

The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company's non-contributory Pension Plan as of April 30:

	APRIL 30
(in thousands)	2022		2021
CHANGE IN PROJECTED BENEFIT OBLIGATION
Projected benefit obligation at beginning of year	$	196,537	$	191,184
Interest cost	3,147		4,662
Actuarial gains (losses)	(3,738)		6,759
Benefits paid	(4,214)		(6,068)
Settlements	(191,732)		—
Projected benefit obligation at end of year	$	—	$	196,537
CHANGE IN PLAN ASSETS
Fair value of plan assets at beginning of year	$	193,552	$	190,743
Actual return on plan assets	3,373		8,877
Benefits paid	(4,214)		(6,068)
Settlements	(191,732)		—
Fair value of plan assets at end of year	$	979	$	193,552
Funded status of the plan	$	979	$	(2,985)

Net Periodic Pension Cost

The accumulated benefit obligation for the Pension Plan was $0.0 million and $196.5 million at April 30, 2022 and 2021, respectively.

	APRIL 30
(in thousands)	2022		2021		2020
COMPONENTS OF NET PERIODIC PENSION BENEFIT COST
Interest cost	$	3,147	$	4,662	$	5,974
Expected return on plan assets	(3,601)		(8,430)		(8,327)
Recognized net actuarial loss	—		1,761		1,692
Amortization of net loss from prior years	1,164		—		—
Settlement charge	68,473		—		—
Pension benefit cost	$	69,183	$	(2,007)	$	(661)

Schedule Of Assumptions Used To Determine Benenfit Obligations And Earnings Effects For Pension Plans

The discount rate at April 30 was used to measure the year-end benefit obligations and the earnings effects for the subsequent year. Actuarial assumptions used to determine benefit obligations and earnings effects for the Pension Plan follows:

	FISCAL YEARS ENDED APRIL 30
	2022	2021
WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS
Discount rate	— %	2.80 %

	FISCAL YEARS ENDED APRIL 30
	2022	2021	2020
WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST
Discount rate	2.80 %	3.16 %	4.02%
Expected return on plan assets	— %	3.3 %	5.0 %

Schedule Of Expected Future Benefit Payments

Schedule Of Pension Assets By Major Category Of Plan Assets And Type Of Fair Value Measurements

Pension assets by major category and the type of fair value measurement as of April 30, 2022 and 2021 are presented in the following tables:

FAIR VALUE MEASUREMENTS AT APRIL 30, 2022
(in thousands)	TOTAL		QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1)		SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2)		SIGNIFICANT UNOBSERVABLE INPUTS         (LEVEL 3)
Cash Equivalents	$	979	$	979	$	—	$	—
Total plan assets	979		979		$	—	$	—

FAIR VALUE MEASUREMENTS AT APRIL 30, 2021
(in thousands)	TOTAL		QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1)		SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2)		SIGNIFICANT UNOBSERVABLE INPUTS         (LEVEL 3)
Cash Equivalents	$	80,524	$	80,524	$	—	$	—
Fixed Income Funds:
Investment Grade Fixed Income	113,028		113,028		—		—
Total plan assets	$	193,552	$	193,552	$	—	$	—

Schedule Of Allocation Of Plan Assets