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Capital Stock and Changes in Capital Accounts (Tables)
12 Months Ended
Apr. 30, 2020
Capital Stock and Changes in Capital Accounts [Abstract]  
Summary of Shares Repurchased
The following table summarizes the shares repurchased of Class A and B Common Stock:

 
2020
   
2019
   
2018
 
Shares repurchased – Class A
   
1,079,936
     
1,191,496
     
713,177
 
Shares repurchased – Class B
   
2,281
     
     
 
Average Price – Class A and Class B
 
$
43.05
   
$
50.35
   
$
55.65
 
Summary of Changes of Common Stock and Common Stock in Treasury
The following is a summary of changes during the years ended April 30, in shares of our common stock and common stock in treasury (shares in thousands).

Changes in Common Stock A:
 
2020
   
2019
   
2018
 
Number of shares, beginning of year
   
70,127
     
70,111
     
70,086
 
Common stock class conversions and other
   
39
     
16
     
25
 
Number of shares issued, end of year
   
70,166
     
70,127
     
70,111
 
                         
Changes in Common Stock A in treasury:
                       
Number of shares held, beginning of year
   
22,634
     
21,853
     
22,097
 
Purchase of treasury shares
   
1,080
     
1,192
     
713
 
Restricted shares issued under stock-based compensation plans - non-PSU Awards
   
(232
)
   
(205
)
   
(133
)
Restricted shares issued under stock-based compensation plans - PSU Awards
   
(68
)
   
(110
)
   
(126
)
Shares issued under the Director Plan to Directors
   
(97
)
   
(5
)
   
(20
)
Stock grants of fully vested Class A shares - common stock
   
     
     
(20
)
Restricted shares, forfeited
   
1
     
9
     
15
 
Restricted shares issued from exercise of stock options
   
(34
)
   
(229
)
   
(788
)
Shares withheld for taxes
   
122
     
130
     
116
 
Other
   
(1
)
   
(1
)
   
(1
)
Number of shares held, end of year
   
23,405
     
22,634
     
21,853
 
Number of Common Stock A outstanding, end of year
   
46,761
     
47,493
     
48,258
 

Changes in Common Stock B:
 
2020
   
2019
   
2018
 
Number of shares, beginning of year
   
13,055
     
13,071
     
13,096
 
Common stock class conversions and other
   
(39
)
   
(16
)
   
(25
)
Number of shares issued, end of year
   
13,016
     
13,055
     
13,071
 
                         
Changes in Common Stock B in treasury:
                       
Number of shares held, beginning of year
   
3,918
     
3,918
     
3,918
 
Shares repurchased
   
2
     
     
 
Number of shares held, end of year
   
3,920
     
3,918
     
3,918
 
Number of Common Stock B outstanding, end of year
   
9,096
     
9,137
     
9,153
 
Cash Dividends Paid
The following table summarizes the cash dividends paid during the year ended April 30, 2020:

Date of Declaration by Board of Directors
Quarterly Cash Dividend
Total Dividend
Class of Common Stock
Dividend Paid Date
Shareholders of Record as of Date
June 27, 2019
$0.34 per common share
$19.2 million
Class A and
Class B
July 24, 2019
July 10, 2019
September 26, 2019
$0.34 per common share
$19.1 million
Class A and
Class B
October 23, 2019
October 8, 2019
December 18, 2019
$0.34 per common share
$19.0 million
Class A and
Class B
January 16, 2020
January 2, 2020
March 18, 2020
$0.34 per common share
$19.0 million
Class A and
Class B
April 15, 2020
March 31, 2020