Share-Based Payments

9 Months Ended

Jan. 31, 2013

Share-Based Payments [Abstract]

Share-Based Payments

Note 6: Share-Based Payments

The Company provides for equity-based incentives to be awarded to key employees and non-employee directors. These incentives are administered primarily through the Company’s 2010 Equity and Incentive Compensation Plan, and currently consist of restricted shares, restricted stock units (which may also be referred to as deferred stock units), performance units, and stock options.

The following table summarizes amounts related to share-based payments.

	Three Months Ended January 31,				Nine Months Ended January 31,
	2013		2012		2013		2012
Share-based compensation expense included in selling, distribution, and administrative expenses	$	5,131	$	3,576	$	15,256	$	14,320
Share-based compensation expense included in other restructuring and merger and integration costs		185		415		571		2,290
Total share-based compensation expense	$	5,316	$	3,991	$	15,827	$	16,610
Related income tax benefit	$	1,816	$	1,366	$	5,354	$	5,616

As of January 31, 2013, total compensation cost related to nonvested share-based awards not yet recognized was approximately $35.8 million. The weighted-average period over which this amount is expected to be recognized is 3.0 years.