Employer Sponsored Benefit Plans

12 Months Ended

Apr. 30, 2018

Compensation And Retirement Disclosure [Abstract]

Employer Sponsored Benefit Plans

15. Employer Sponsored Benefit Plans

Contributory Defined Investment Plan — We offer two contributory defined investment plans covering substantially all employees, subject to service requirements.  Employees may contribute up to 100% of their annual pay, depending on the plan. We generally make discretionary matching contributions of up to 50% of the first 6% of employee contributions to the plan. We contributed $3.0 million, $2.7 million, and $2.4 million for the fiscal years ended April 30, 2018, 2017, and 2016, respectively.

Non-Contributory Profit Sharing Plan — We have a non-contributory profit sharing plan covering substantially all of our employees. Employees become eligible on May 1 following the completion of a full fiscal year of continuous service. Our contributions to the plan are discretionary. For fiscal 2018, we plan to contribute approximately $1.3 million, which has been recorded in general and administrative costs. We contributed $13.0 million and $11.5 million for the fiscal years ended April 30, 2017 and 2016, respectively. Contributions are funded after the fiscal year-end.