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Stock-Based Compensation (Tables)
 12 Months Ended
Apr. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule Of Stock Option Activity
The following table presents a summary of the Company’s stock option activity for the fiscal years ended April 30, 2020, 2019 and 2018 (remaining contractual term in years and exercise prices are weighted-averages):
 
NUMBER OF OPTIONS

WEIGHTED AVERAGE REMAINING CONTRACTUAL TERM

WEIGHTED AVERAGE EXERCISE PRICE

AGGREGATE INTRINSIC VALUE
(in thousands)
Outstanding at April 30, 2017
54,918


5.6

$37.95

$
2,963











Exercised
(36,950
)

0

34.90

1,748

Outstanding at April 30, 2018
17,968


4.5

$44.23

$
682











Exercised
(12,801
)

0

39.04

651

Outstanding at April 30, 2019
5,167


6.1

$57.11

$
170











Exercised
(5,167
)

0

57.11

—

Outstanding at April 30, 2020
—


0

$—

$
—











Vested and expected to vest in the future at April 30, 2020
—


0

$—

$
—

Exercisable at April 30, 2020
—


0

$—

$
—
Summary Of RSU's Activity
The following table contains a summary of the Company’s RSU activity for the fiscal years ended April 30, 2020, 2019 and 2018:
 
PERFORMANCE-BASED RSUs

SERVICE-BASED RSUs

TOTAL RSUs

WEIGHTED AVERAGE GRANT
DATE FAIR VALUE
Issued and outstanding, April 30, 2017
125,067


67,454


192,521


$50.09











Granted
33,080


22,250


55,330


$95.62
Cancelled due to non-achievement of performance goals
—


—


—


$—
Settled in common stock
(51,191
)

(28,447
)

(79,638
)

$32.96
Forfeited
(9,305
)

(6,198
)

(15,503
)

$71.91
Issued and outstanding, April 30, 2018
97,651


55,059


152,710


$73.34











Granted
45,615


30,335


75,950


$104.10
Cancelled due to non-achievement of performance goals
(10,352
)

—


(10,352
)

$80.26
Settled in common stock
(34,475
)

(18,778
)

(53,253
)

$60.50
Forfeited
(9,257
)

(5,347
)

(14,604
)

$79.49
Issued and outstanding, April 30, 2019
89,182


61,269


150,451


$76.91











Granted
61,379


42,691


104,070


$53.95
Cancelled due to non-achievement of performance goals
(11,305
)

—


(11,305
)

$85.13
Settled in common stock
(18,628
)

(21,521
)

(40,149
)

$67.03
Forfeited
(2,941
)

(3,229
)

(6,170
)

$86.68
Issued and outstanding, April 30, 2020
117,687


79,210


196,897


$66.68
Stock-Based Compensation Expense Allocated
For the fiscal years ended April 30, 2020, 2019 and 2018 stock-based compensation expense was allocated as follows:
(in thousands)
2020

2019

2018
Cost of sales and distribution
$
809


$
691


$
667

Selling and marketing expenses
1,006


649


756

General and administrative expenses
2,174


1,700


1,674

Stock-based compensation expense, before income taxes
$
3,989


$
3,040


$
3,097