XML 52 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock-Based Compensation (Tables)
 12 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award Stock-based compensation expense and related tax items are as follows:
(in 000s)
Year Ended
June 30, 2022		Two Months Ended
June 30, 2021
(Transition Period)		Year Ended
April 30, 2021		Year Ended
April 30, 2020
Stock based compensation expense$34,252 $4,700 $28,271 $28,045 
Tax benefit6,494 1,016 1,802 7,175 
Realized tax benefit5,438 2,356 1,690 5,856 
Schedule of Nonvested Share Activity A summary of restricted share units and deferred stock units, including those that are performance-based, for the year ended June 30, 2022, is as follows:
(shares in 000s)
Restricted Share Units and Deferred Stock Units
Performance-Based Share Units
SharesWeighted-Average
Grant Date 
Fair Value		SharesWeighted-Average
Grant Date 
Fair Value
Outstanding, beginning of the year2,012 $21.84 1,973 $23.49 
Granted1,158 27.30 576 27.94 
Released(897)22.73 (478)24.55 
Forfeited(303)22.33 (153)22.88 
Outstanding, end of the year1,970 $24.40 1,918 $23.79 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The following assumptions were used to value performance-based share units using the Monte Carlo valuation model during the periods:
Year Ended
June 30, 2022		Year Ended
April 30, 2021		Year Ended
April 30, 2020
Expected volatility
23.19% - 88.48%
21.14% - 84.49%
13.47% - 66.33%
Expected term3 years3 years3 years
Dividend yield (1)
0%
0% - 3.95%
0%-3.55%
Risk-free interest rate
0.37%
0.14% - 0.18%
1.70 %
Weighted-average fair value$27.07 $16.74 $32.01 
(1)The valuation model assumes that dividends are reinvested by the Company on a continuous basis.