XML 38 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes Income Taxes (Tables)
9 Months Ended
Jan. 31, 2017
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
Our effective tax rate from continuing operations, including the effects of discrete income tax items, was 7.7% and 37.2% for the nine months ended January 31, 2018 and 2017, respectively. Rate reconciliations between the statutory U.S. federal corporate income rates and the effective tax rates for continuing operations are below:
Nine months ended January 31,
 
2018

 
2017

U.S. statutory tax rate
 
21.0
 %
 
35.0
 %
Change in tax rate resulting from:
 
 
 
 
State income taxes, net of federal income tax benefit
 
2.2
 %
 
1.6
 %
Earnings taxed in foreign jurisdictions
 
(2.3
)%
 
(5.3
)%
Permanent differences
 
0.3
 %
 
(0.5
)%
Uncertain tax positions
 
6.0
 %
 
6.5
 %
Remeasurement of deferred tax assets and liabilities
 
2.4
 %
 
 %
Tax benefit due to effective date of statutory rate change
 
(16.4
)%
 
 %
One-time transition tax
 
(2.4
)%
 
 %
Other
 
(3.1
)%
 
(0.1
)%
Effective tax rate
 
7.7
 %
 
37.2
 %