Capital Stock and Changes in Capital Accounts

3 Months Ended

Jul. 31, 2021

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 and Class B Common Stock (shares in thousands):

	Three Months Ended July 31, 2021
Shares repurchased - Class A		129
Shares repurchased - Class B		1
Average price - Class A and Class B	$	56.88

There were no share repurchases during the three months ended July 31, 2020.

Dividends

The following table summarizes the cash dividends paid during the three months ended July 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 22, 2021	$0.3450 per common share	$19.3 million	Class A and Class B	July 21, 2021	July 6, 2021

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:	2021			2020
Number of shares, beginning of year		70,208			70,166
Common stock class conversions		3			11
Number of shares issued, end of period		70,211			70,177
Changes in Common Stock A in treasury:
Number of shares held, beginning of year		23,419			23,405
Purchase of treasury shares		129			—
Restricted shares issued under stock-based compensation plans - non-PSU Awards		(118	)		(94	)
Restricted shares issued under stock-based compensation plans - PSU Awards		(103	)		(86	)
Restricted shares issued from exercise of stock options		(22	)		(33	)
Shares withheld for taxes		85			67
Number of shares held, end of period		23,390			23,259
Number of Common Stock A outstanding, end of period		46,821			46,918

Changes in Common Stock B:	2021			2020
Number of shares, beginning of year		12,974			13,016
Common stock class conversions		(3	)		(11	)
Number of shares issued, end of period		12,971			13,005
Changes in Common Stock B in treasury:
Number of shares held, beginning of year		3,922			3,920
Purchase of treasury shares		1			—
Number of shares held, end of period		3,923			3,920
Number of Common Stock B outstanding, end of period		9,048			9,085