Capital Stock and Changes in Capital Accounts

3 Months Ended

Jul. 31, 2020

Capital Stock and Changes in Capital Accounts [Abstract]

Capital Stock and Changes in Capital Accounts

Note 17 — Capital Stock and Changes in Capital Accounts

Share Repurchases

The following table summarizes the shares repurchased of Class A Common Stock for the three months ended July 31, 2019. There were no share repurchases during the three months ended July 31, 2020.

	Three Months Ended July 31, 2019
Shares Repurchased		217,511
Average Price	$	45.97

Dividends

The following table summarizes the cash dividends paid during the three months ended July 31, 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 25, 2020	$0.3425 per common share	$19.2 million	Class A and Class B	July 22, 2020	July 7, 2020

Changes in Common Stock

The following is a summary of changes during the three months ended July 31, in shares of our common stock and common stock in treasury (shares in thousands):

Changes in Common Stock A:	2020			2019
Number of shares, beginning of year		70,166			70,127
Common stock class conversions		11			12
Number of shares issued, end of period		70,177			70,139
Changes in Common Stock A in treasury:
Number of shares held, beginning of year		23,405			22,634
Purchase of treasury shares		—			218
Restricted shares issued under stock-based compensation plans - non-PSU Awards		(94	)		(36	)
Restricted shares issued under stock-based compensation plans - PSU Awards		(86	)		(43	)
Restricted shares, forfeited		—			1
Restricted shares issued from exercise of stock options		(33	)		(12	)
Shares withheld for taxes		67			33
Number of shares held, end of period		23,259			22,795
Number of Common Stock A outstanding, end of period		46,918			47,344

Changes in Common Stock B:	2020			2019
Number of shares, beginning of year		13,016			13,055
Common stock class conversions		(11	)		(12	)
Number of shares issued, end of period		13,005			13,043
Changes in Common Stock B in treasury:
Number of shares held, beginning of year		3,920			3,918
Number of shares held, end of period		3,920			3,918
Number of Common Stock B outstanding, end of period		9,085			9,125