XML 34 R24.htm IDEA: XBRL DOCUMENT v3.24.3
Restructuring
 6 Months Ended
Oct. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In the second quarter of fiscal 2025, the Company implemented a reduction in force, which will be substantially completed in the third quarter of fiscal 2025. The Company recognized pre-tax restructuring charges, net of $1.1 million for the three- and six-months ended October 31, 2024, related to this reduction in force, which were primarily severance and separation costs. A reserve of $0.7 million for restructuring charges is included in accrued compensation and related expenses in the consolidated balance sheet as of October 31, 2024 which relates to employee termination costs accrued but not yet paid as follows:

October 31,
(in thousands)2024
Restructuring reserve balance at May 1$— 
Expense1,133 
Payments and adjustments(434)
Restructuring reserve balance at October 31$699