Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income (Loss) (Tables)

v3.21.2
Comprehensive Income (Loss) (Tables)
3 Months Ended
Jul. 31, 2021
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss, net were as follows:

 

 

 

July 31,

2021

 

 

April 30,

2021

 

 

 

(in thousands)

 

Foreign currency translation adjustments

 

$

(42,034

)

 

$

(33,666

)

Deferred compensation and pension plan adjustments, net of tax

 

 

(17,794

)

 

 

(18,135

)

Marketable securities unrealized loss, net of tax

 

 

(15

)

 

 

(19

)

Accumulated other comprehensive loss, net

 

$

(59,843

)

 

$

(51,820

)

Changes in Each Component of Accumulated Other Comprehensive Loss

 

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended July 31, 2021:

 

 

 

Foreign

Currency

Translation

 

 

Deferred

Compensation

and Pension

Plan (1)

 

 

Unrealized Losses on Marketable Securities

 

 

Accumulated

Other

Comprehensive

Loss

 

 

 

(in thousands)

 

Balance as of April 30, 2021

 

$

(33,666

)

 

$

(18,135

)

 

$

(19

)

 

$

(51,820

)

Unrealized (losses) gains arising during the period

 

 

(8,368

)

 

 

 

 

 

3

 

 

 

(8,365

)

Reclassification of realized net losses to net income

 

 

 

 

 

341

 

 

 

1

 

 

 

342

 

Balance as of July 31, 2021

 

$

(42,034

)

 

$

(17,794

)

 

$

(15

)

 

$

(59,843

)

 

(1)

The tax effect on the reclassifications of realized net losses was $0.1 million for the three months ended July 31, 2021.

 

 

 

The following table summarizes the changes in each component of accumulated other comprehensive loss, net for the three months ended July 31, 2020:

 

 

 

Foreign

Currency

Translation

 

 

Deferred

Compensation

and Pension

Plan (1)

 

 

Unrealized Gains on Marketable Securities

 

 

Accumulated

Other

Comprehensive

Loss

 

 

 

(in thousands)

 

Balance as of April 30, 2020

 

$

(83,652

)

 

$

(23,554

)

 

$

34

 

 

$

(107,172

)

Unrealized gains (losses) arising during the period

 

 

24,947

 

 

 

 

 

 

(9

)

 

 

24,938

 

Reclassification of realized net losses to net income

 

 

 

 

 

642

 

 

 

 

 

 

642

 

Balance as of July 31, 2020

 

$

(58,705

)

 

$

(22,912

)

 

$

25

 

 

$

(81,592

)

 

(1)

The tax effect on the reclassifications of realized net losses was $0.2 million for the three months ended July 31, 2020.