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Earnings Per Share (Tables)
 12 Months Ended
Apr. 30, 2024
Earnings Per Share [Abstract]  
Computation of basic earnings per common share under two-class method
The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
  Year Ended April 30,
  202420232022
Net income (loss)$744.0 $(91.3)$631.7 
Less: Net income (loss) allocated to participating securities0.2 (0.1)1.8 
Net income (loss) allocated to common stockholders$743.8 $(91.2)$629.9 
Weighted-average common shares outstanding104.1 106.2 107.9 
Add: Dilutive effect of stock options0.1 — — 
Weighted-average common shares outstanding – assuming dilution104.2 106.2 107.9 
Net income (loss) per common share$7.14 $(0.86)$5.84 
Net income (loss) per common share – assuming dilution$7.14 $(0.86)$5.84 
Computation of diluted earnings per common share under two-class method
The following table sets forth the computation of basic earnings per share and diluted earnings per share under the two-class method.
  Year Ended April 30,
  202420232022
Net income (loss)$744.0 $(91.3)$631.7 
Less: Net income (loss) allocated to participating securities0.2 (0.1)1.8 
Net income (loss) allocated to common stockholders$743.8 $(91.2)$629.9 
Weighted-average common shares outstanding104.1 106.2 107.9 
Add: Dilutive effect of stock options0.1 — — 
Weighted-average common shares outstanding – assuming dilution104.2 106.2 107.9 
Net income (loss) per common share$7.14 $(0.86)$5.84 
Net income (loss) per common share – assuming dilution$7.14 $(0.86)$5.84 
Computation of earnings per common share, basic and diluted
The following table sets forth the computation of diluted earnings per share under the treasury stock method.
Year Ended April 30,
202420232022
Net income (loss)$744.0 $(91.3)$631.7 
Weighted-average common shares outstanding – assuming dilution:
Weighted-average common shares outstanding104.1 106.2 107.9 
Add: Dilutive effect of stock options0.1 — — 
Add: Dilutive effect of restricted shares, restricted stock units, and performance units0.2 — 0.5 
Weighted-average common shares outstanding – assuming dilution104.4 106.2 108.4 
Net income (loss) per common share – assuming dilution$7.13 $(0.86)$5.83