Stockholders' Equity

12 Months Ended

Apr. 30, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity

COMMON STOCK – A summary of our share repurchase and retirements for fiscal years 2014, 2013 and 2012 is as follows:

(in 000s)
	Shares	Cost
Fiscal year:
2014	—	$	—
2013	21,259	315,000
2012	14,554	199,989

During fiscal year 2013, we also retired 60.0 million shares of treasury stock. This retirement of treasury stock had no impact on our total consolidated stockholders' equity.

OTHER COMPREHENSIVE INCOME –Components of other comprehensive income include foreign currency translation adjustments and the change in net unrealized gains or losses on AFS marketable securities, and are as follows:

(in 000s)
	Foreign Currency Translation Adjustments			Unrealized Gain (Loss) on AFS Securities			Total
Balance as of May 1, 2011	$	10,755		$	478		$	11,233
Other comprehensive income before reclassifications:
Gross gains (losses) arising during the year	(3,429		)	5,313			1,884
Tax expense (benefit)	(1,243		)	2,121			878
	(2,186		)	3,192			1,006
Amounts reclassified to net income:
Gross amount reclassified	—			(152		)	(152		)
Tax expense (benefit)	—			58			58
	—			(94		)	(94		)
Net other comprehensive income (loss)	(2,186		)	3,098			912
Balance as of April 30, 2012	8,569			3,576			12,145
Other comprehensive income before reclassifications:
Gross gains (losses) arising during the year	(1,979		)	498			(1,481		)
Tax expense (benefit)	(219		)	229			10
	(1,760		)	269			(1,491		)
Amounts reclassified to net income:
Gross amount reclassified	—			(175		)	(175		)
Tax expense	—			71			71
	—			(104		)	(104		)
Net other comprehensive income (loss)	(1,760		)	165			(1,595		)
Balance as of April 30, 2013	6,809			3,741			10,550
Other comprehensive income before reclassifications:
Gross gains (losses) arising during the year	(3,416		)	2,594			(822		)
Tax expense (benefit)	59			787			846
	(3,475		)	1,807			(1,668		)
Amounts reclassified to net income:
Gross amount reclassified (1)	—			(5,835		)	(5,835		)
Tax expense	—			2,130			2,130
	—			(3,705		)	(3,705		)
Net other comprehensive loss	(3,475		)	(1,898		)	(5,373		)
Balance as of April 30, 2014	$	3,334		$	1,843		$	5,177

⁽¹⁾ Amount represents a gross realized gain of $18.3 million on the sale of residual interests in mortgage securitizations, net of other-than-temporary impairments on AFS securities of $12.4 million.

Gross amounts reclassified out of accumulated other comprehensive income are included in other income, net in the consolidated income statements.