Annual report pursuant to Section 13 and 15(d)

Employee Stock Plans (Tables)

v3.7.0.1
Employee Stock Plans (Tables)
12 Months Ended
Apr. 30, 2017
Components Of Stock-Based Compensation Expense Recognized

The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated:

 

     Year Ended April 30,  
     2017     2016     2015  
     (in thousands)  

Restricted stock

   $ 18,045     $ 18,288     $ 13,602  

ESPP

     913       590       162  

Stock options

           17       135  
  

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, pre-tax

     18,958       18,895       13,899  

Tax benefit from stock-based compensation expense

     (4,756     (7,347     (3,893
  

 

 

   

 

 

   

 

 

 

Total stock-based compensation expense, net of tax

   $ 14,202     $ 11,548     $ 10,006  
  

 

 

   

 

 

   

 

 

 
Restricted Stock Activity

Restricted stock activity is summarized below:

 

     April 30,  
     2017      2016      2015  
     Shares     Weighted-
Average
Grant Date
Fair Value
     Shares     Weighted-
Average
Grant Date
Fair Value
     Shares     Weighted-
Average
Grant Date
Fair Value
 
     (in thousands, except per share data)  

Non-vested, beginning of year

     1,506     $ 34.12        1,560     $ 22.15        1,880     $ 18.95  

Granted

     852     $ 17.43        784     $ 39.19        438     $ 29.93  

Vested

     (751   $ 24.15        (809   $ 16.35        (705   $ 18.52  

Forfeited/expired

     (26   $ 26.80        (29   $ 23.38        (53   $ 21.13  
  

 

 

      

 

 

      

 

 

   

Non-vested, end of year

     1,581     $ 29.74        1,506     $ 34.12        1,560     $ 22.15