XML 44 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings Per Share (Tables)
 12 Months Ended
Apr. 30, 2022
Earnings Per Share [Abstract]  
Computation of basis earnings per common share under two-class method The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
  Year Ended April 30,
  202220212020
Net income$631.7 $876.3 $779.5 
Less: Net income allocated to participating securities1.8 3.7 4.4 
Net income allocated to common stockholders$629.9 $872.6 $775.1 
Weighted-average common shares outstanding107.9 112.0 113.4 
Add: Dilutive effect of stock options— — — 
Weighted-average common shares outstanding – assuming dilution107.9 112.0 113.4 
Net income per common share$5.84 $7.79 $6.84 
Net income per common share – assuming dilution$5.84 $7.79 $6.84 
Computation of diluted earnings per common share under two-class method The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
  Year Ended April 30,
  202220212020
Net income$631.7 $876.3 $779.5 
Less: Net income allocated to participating securities1.8 3.7 4.4 
Net income allocated to common stockholders$629.9 $872.6 $775.1 
Weighted-average common shares outstanding107.9 112.0 113.4 
Add: Dilutive effect of stock options— — — 
Weighted-average common shares outstanding – assuming dilution107.9 112.0 113.4 
Net income per common share$5.84 $7.79 $6.84 
Net income per common share – assuming dilution$5.84 $7.79 $6.84 
Computation of earnings per common share, basic and diluted
The following table sets forth the computation of diluted earnings per share under the treasury stock method for the year ended April 30, 2022.
Net income$631.7 
Weighted-average common shares outstanding – assuming dilution:
Weighted-average common shares outstanding107.9 
Add: Dilutive effect of stock options— 
Add: Dilutive effect of restricted shares, restricted stock units, and performance units0.5 
Weighted-average common shares outstanding – assuming dilution108.4 
Net income per common share – assuming dilution$5.83