Quarterly report pursuant to Section 13 or 15(d)

Employee Stock Plans (Tables)

v2.4.0.6
Employee Stock Plans (Tables)
9 Months Ended
Jan. 31, 2012
Employee Stock Plans [Abstract]  
Components Of Stock-Based Compensation Expense Recognized
     Three Months Ended
January 31,
    Nine Months Ended
January 31,
 
     2012     2011     2012     2011  
     (in thousands)  

Restricted stock

   $ 3,198      $ 3,481      $ 9,119      $ 10,633   

Stock options and SARs

     264        400        709        847   

ESPP

     (146     88        85        295   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, pre-tax

     3,316        3,969        9,913        11,775   

Tax benefit from stock-based compensation expense

     (1,147     (1,449     (3,475     (4,298
  

 

 

   

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, net of tax

   $ 2,169      $ 2,520      $ 6,438      $ 7,477   
  

 

 

   

 

 

   

 

 

   

 

 

 
Weighted-Average Assumptions Used To Estimate Fair Value Of Each Employee Stock Option And SARs
     Nine Months Ended
January 31,
 
     2012     2011  

Expected volatility

     47.07     47.67

Risk-free interest rate

     1.47     1.83

Expected option life (in years)

     5.00        5.00   

Expected dividend yield

     0.00     0.00
Stock Options And SARs Transactions
     Nine Months Ended January 31, 2012  
     Options     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Life (In Years)
     Aggregate
Intrinsic
Value
 
     (in thousands, except per share data)  

Outstanding, April 30, 2011

     1,833      $ 13.78         

Granted

     48      $ 22.71         

Exercised

     (144   $ 14.00         

Forfeited/expired.

     (134   $ 16.22         
  

 

 

         

Outstanding, January 31, 2012

     1,603      $ 13.80         3.38       $ 5,867   
  

 

 

      

 

 

    

 

 

 

Exercisable, January 31, 2012

     1,132      $ 14.07         2.71       $ 4,027   
  

 

 

      

 

 

    

 

 

 
Additional Information Stock Options And SARs
     Three Months Ended
January 31,
     Nine Months Ended
January 31,
 
     2012      2011      2012      2011  
     (in thousands, except per share data)  

Weighted-average fair value of stock options granted

   $ —         $ 7.81       $ 9.61       $ 6.07   

Total fair value of stock options and SARs vested

   $ 20       $ 27       $ 914       $ 642   

Total intrinsic value of stock options exercised

   $ 127       $ 3,330       $ 986       $ 4,015   

Total intrinsic value of SARs paid

   $ 34       $ —         $ 45       $ 67   
Restricted Stock Activity
     Shares     Weighted-
Average Grant
Date Fair Value
 
     (in thousands, except per share data)  

Non-vested, April 30, 2011

     2,007      $ 8.64   

Granted

     624      $ 21.96   

Vested

     (750   $ 12.17   

Forfeited/expired.

     (76   $ 16.80   
  

 

 

   

Non-vested, January 31, 2012

     1,805      $ 11.43