Quarterly Results of Operations (Unaudited)

12 Months Ended

Apr. 30, 2020

Quarterly Financial Data [Abstract]

Quarterly Results of Operation (Unaudited)

Note 18: Quarterly Results of Operations (Unaudited)

The following tables summarize the unaudited quarterly results of operations for the years ended April 30, 2020 and 2019.

	2020
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net sales	$	1,778.9	$	1,957.8	$	1,972.3	$	2,092.0
Gross profit	699.6		754.0		760.0		788.4
Net income	154.6		211.2		187.4		226.3
Earnings per common share (A):
Net income	$	1.36	$	1.85	$	1.64	$	1.98
Net income – assuming dilution	1.36		1.85		1.64		1.98
Dividends declared per common share	0.88		0.88		0.88		0.88

	2019
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net sales	$	1,902.5	$	2,021.5	$	2,011.9	$	1,902.1
Gross profit	678.2		771.3		773.8		692.4
Net income	133.0		188.5		121.4		71.5
Earnings per common share (A):
Net income	$	1.17	$	1.66	$	1.07	$	0.63
Net income – assuming dilution	1.17		1.66		1.07		0.63
Dividends declared per common share	0.85		0.85		0.85		0.85

(A) Annual net income per common share may not equal the sum of the individual quarters due to differences in the average number of shares outstanding during the respective periods, primarily due to share repurchases.