Capital Stock and Changes in Capital Accounts (Tables)

9 Months Ended

Jan. 31, 2021

Capital Stock and Changes in Capital Accounts [Abstract]

Summary of Shares Repurchased

The following table summarizes the share repurchases of Class A and B Common Stock for the three and nine months ended January 31, 2021 and 2020 (shares in thousands).

	Three Months Ended January 31,				Nine Months Ended January 31,
	2021		2020		2021		2020
Shares repurchased – Class A		146		205		146		757
Shares repurchased – Class B		1		—		1		—
Average Price – Class A and Class B	$	48.09	$	48.69	$	48.09	$	46.22

Summary of Cash Dividends

The following table summarizes the cash dividends paid during the nine months ended January 31, 2021:

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
September 23, 2020	$0.3425 per common share	$19.2 million	Class A and Class B	October 21, 2020	October 6, 2020
December 16, 2020	$0.3425 per common share	$19.2 million	Class A and Class B	January 13, 2021	December 30, 2020

Summary of Changes of Common Stock and Common Stock in Treasury

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

Changes in Common Stock A:	2021		2020
Number of shares, beginning of year		70,166		70,127
Common stock class conversions		42		29
Number of shares issued, end of period		70,208		70,156
Changes in Common Stock A in treasury:
Number of shares held, beginning of year		23,405		22,634
Purchase of treasury shares		146		757
Restricted shares issued under stock-based compensation plans – non-PSU Awards		(100)		(154)
Restricted shares issued under stock-based compensation plans – PSU Awards		(88)		(43)
Shares issued under the Director Stock Plan to Directors		(6)		—
Restricted shares, forfeited		—		1
Restricted shares issued from exercise of stock options		(33)		(34)
Shares withheld for taxes		70		63
Number of shares held, end of period		23,394		23,224
Number of Common Stock A outstanding, end of period		46,814		46,932

Changes in Common Stock B:	2021		2020
Number of shares, beginning of year		13,016		13,055
Common stock class conversions		(42)		(29)
Number of shares issued, end of period		12,974		13,026
Changes in Common Stock B in treasury:
Number of shares held, beginning of year		3,920		3,918
Purchase of treasury shares		1		—
Number of shares held, end of period		3,921		3,918
Number of Common Stock B outstanding, end of period		9,053		9,108