Income Taxes

6 Months Ended

Oct. 31, 2023

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective income tax rates for the three- and six-month periods ended October 31, 2023 was 25.0% and 23.3%, respectively, compared with 25.2% and 25.1% in the comparable period in the prior fiscal year. The effective rates were higher than the 21.0% U.S. statutory rate for all periods presented primarily due to state income taxes.