American Woodmark (AMWD) 10-K 29 Jun 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Apr. 30, 2017	Jun. 19, 2017	Oct. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Document Period End Date	Apr. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	AMERICAN WOODMARK CORP
Entity Central Index Key	794,619
Trading Symbol	amwd
Current Fiscal Year End Date	--04-30
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding		16,305,346
Entity Public Float			$ 1,005,435,628

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
Current Assets
Cash and cash equivalents	$ 176,978	$ 174,463
Investments - certificates of deposit	51,750	25,750
Customer receivables, net	63,115	55,813
Inventories	42,859	39,319
Prepaid expenses and other	4,526	6,864
Total Current Assets	339,228	302,209
Property, plant and equipment, net	107,933	99,332
Certificates of Deposit, Noncurrent	20,500	18,250
Promotional displays, net	5,745	5,377
Deferred income taxes	18,047	32,574
Other assets	9,820	8,618
TOTAL ASSETS	501,273	466,360
Current Liabilities
Accounts payable	41,312	35,011
Current maturities of long-term debt	1,598	1,574
Accrued compensation and related expenses	36,162	35,389
Accrued marketing expenses	8,655	8,075
Other accrued expenses	13,770	12,264
Total Current Liabilities	101,497	92,313
Long-term debt, less current maturities	15,279	22,145
Defined benefit pension liabilities	28,032	67,131
Other long-term liabilities	4,016	4,010
Shareholders' Equity
Preferred stock, $1.00 par value; 2,000,000 shares authorized, none issued	0	0
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares: at April 30, 2017: 16,232,775, at April 30, 2016: 16,244,041	168,835	163,290
Retained earnings	224,031	164,756
Accumulated other comprehensive loss -
Defined benefit pension plans	(40,417)	(47,285)
Total Shareholders' Equity	352,449	280,761
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 501,273	$ 466,360

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 30, 2017	Apr. 30, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, no par value	$ 0	$ 0
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	16,232,775	16,244,041
Common stock, shares outstanding	16,232,775	16,244,041

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Income Statement [Abstract]
Net sales	$ 1,030,248	$ 947,045	$ 825,465
Cost of sales and distribution	805,612	747,351	672,933
Gross Profit	224,636	199,694	152,532
Selling and marketing expenses	70,979	66,489	64,304
General and administrative expenses	45,419	40,045	33,773
Restructuring charges, net	0	0	(240)
Operating Income	108,238	93,160	54,695
Interest expense	885	378	515
Other income	(1,572)	996	(207)
Income Before Income Taxes	108,925	91,786	54,387
Income tax expense	37,726	33,063	18,888
Net Income	$ 71,199	$ 58,723	$ 35,499
Earnings per share
Basic (usd per share)	$ 4.38	$ 3.61	$ 2.25
Diluted (usd per share)	$ 4.34	$ 3.57	$ 2.21

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 71,199	$ 58,723	$ 35,499
Other comprehensive income (loss) net of tax:
Change in pension benefits, net of deferred taxes of $9,510, $3,944 and $2,905, respectively	6,868	(6,428)	(14,877)
Total Comprehensive Income	$ 78,067	$ 52,295	$ 20,622

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Statement of Comprehensive Income [Abstract]
Other comprehensive income (loss)	$ 4,391	$ (4,110)	$ (9,510)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning Balance, Shares at Apr. 30, 2014		15,476,298
Beginning Balance at Apr. 30, 2014	$ 190,545	$ 127,371	$ 89,154	$ (25,980)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	35,499		35,499
Other comprehensive loss, net of tax	(14,877)			(14,877)
Stock-based compensation	3,497	3,497
Adjustments to excess tax benefit from stock-based compensation	$ 1,172	$ 1,172
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	508,639	599,124
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ 12,842	$ 12,842
Stock repurchases, shares		(163,326)
Stock repurchases	(5,053)	$ (1,098)	(3,955)
Employee benefit plan contributions, shares		167,575
Employee benefit plan contributions	6,217	$ 6,217
Ending Balance, Shares at Apr. 30, 2015		16,079,671
Ending Balance at Apr. 30, 2015	229,842	$ 150,001	120,698	(40,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	58,723		58,723
Other comprehensive loss, net of tax	(6,428)			(6,428)
Stock-based compensation	3,609	3,609
Adjustments to excess tax benefit from stock-based compensation	$ 4,559	$ 4,559
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	287,975	375,928
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ 5,288	$ 5,288
Stock repurchases, shares		(243,143)
Stock repurchases	(16,593)	$ (1,928)	(14,665)
Employee benefit plan contributions, shares		31,585
Employee benefit plan contributions	$ 1,761	$ 1,761
Ending Balance, Shares at Apr. 30, 2016	16,244,041	16,244,041
Ending Balance at Apr. 30, 2016	$ 280,761	$ 163,290	164,756	(47,285)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	71,199		71,199
Other comprehensive loss, net of tax	6,868			6,868
Stock-based compensation	$ 3,469	$ 3,469
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	71,715	122,772
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ 633	$ 633
Stock repurchases, shares		(178,118)
Stock repurchases	(13,407)	$ (1,483)	(11,924)
Employee benefit plan contributions, shares		44,080
Employee benefit plan contributions	$ 2,926	$ 2,926
Ending Balance, Shares at Apr. 30, 2017	16,232,775	16,232,775
Ending Balance at Apr. 30, 2017	$ 352,449	$ 168,835	$ 224,031	$ (40,417)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
OPERATING ACTIVITIES
Net income	$ 71,199	$ 58,723	$ 35,499
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation and amortization	18,682	16,456	14,526
Net loss on disposal of property, plant and equipment	444	1,576	153
Gain on sales of assets held for sale	0	0	(250)
Stock-based compensation expense	3,469	3,609	3,497
Deferred income taxes	9,899	11,629	4,335
Pension contributions in excess of expense	(27,840)	(4,732)	(4,604)
Excess tax benefit from stock-based compensation	0	(4,968)	(1,887)
Contributions of employer stock to employee benefit plan	2,926	1,761	6,217
Other non-cash items	318	(663)	216
Changes in operating assets and liabilities:
Customer receivables	(7,780)	(9,938)	288
Inventories	(4,925)	(4,276)	(5,605)
Prepaid expenses and other assets	(207)	(4,585)	126
Accounts payable	6,301	723	5,113
Accrued compensation and related expenses	773	5,269	1,963
Income taxes payable	0	(1,791)	1,201
Marketing and other accrued expenses	3,821	5,811	(624)
Net Cash Provided by Operating Activities	77,080	74,604	60,164
INVESTING ACTIVITIES
Payments to acquire property, plant, and equipment	(21,811)	(28,685)	(20,015)
Proceeds from sales of property, plant, and equipment	37	846	22
Proceeds from sales of assets held for sale	0	0	1,250
Purchases of certificates of deposit	(85,000)	(46,750)	(40,750)
Proceeds from Maturities, Prepayments and Calls of Short-term Investments	56,750	38,250	5,250
Investment in promotional displays	(3,720)	(4,434)	(2,363)
Net Cash Used by Investing Activities	(53,744)	(40,773)	(56,606)
FINANCING ACTIVITIES
Payments of long-term debt	(11,731)	(1,547)	(1,309)
Proceeds from long-term debt	3,477	3,196	1,500
Excess tax benefit from stock-based compensation	0	4,968	1,887
Proceeds from issuance of common stock and other	2,366	8,114	14,268
Repurchase of common stock	(13,407)	(16,593)	(5,053)
Withholding of employee taxes related to stock-based compensation	(1,734)	(2,826)	(1,427)
Notes receivable, net	208	(4,221)	417
Net Cash Provided (Used) by Financing Activities	(20,821)	(8,909)	10,283
Net Increase in Cash And Cash Equivalents	2,515	24,922	13,841
Cash And Cash Equivalents, Beginning of Year	174,463	149,541	135,700
Cash And Cash Equivalents, End of Year	$ 176,978	$ 174,463	$ 149,541

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Apr. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The Company manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company's products are sold across the United States through a network of independent dealers and distributors and directly to home centers and major builders. The following is a description of the Company’s significant accounting policies: Principles of Consolidation and Basis of Presentation: The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. Significant inter-company accounts and transactions have been eliminated in consolidation. Revenue Recognition : The Company recognizes revenue when product is delivered to the customer and title has passed. Revenue is based on invoice price less allowances for sales returns, cash discounts and other deductions. Cost of Sales and Distribution : Cost of sales and distribution includes all costs associated with the manufacture and distribution of the Company’s products including the costs of shipping and handling. Advertising Costs : Advertising costs are expensed as incurred. Advertising expenses for fiscal years 2017 , 2016 and 2015 were $41.0 million , $38.1 million and $34.3 million , respectively. Cash and Cash Equivalents : Cash in excess of operating requirements is invested in money market accounts which are carried at cost (which approximates fair value). The Company considers all highly liquid short-term investments with an original maturity of three months or less when purchased to be cash equivalents. Cash equivalents were $50.1 million and $34.0 million at April 30, 2017 and 2016 , respectively. Investments in Certificates of Deposit: The Company invests excess cash in certificates of deposit which are carried at cost (which approximates fair value). Certificates of deposit with original maturities greater than three months and remaining maturities less than one year are classified as current assets. Certificates of deposit with remaining maturities greater than one year are classified as long-term assets. Inventories : Inventories are stated at lower of cost or market. Inventory costs are determined by the last-in, first-out (LIFO) method. The LIFO cost reserve is determined in the aggregate for inventory and is applied as a reduction to inventories determined on the first-in, first-out method (FIFO). FIFO inventory cost approximates replacement cost. Property, Plant and Equipment: Property, plant and equipment is stated on the basis of cost less accumulated depreciation. Depreciation is provided by the straight-line method over the estimated useful lives of the related assets, which range from 15 to 30 years for buildings and improvements and 3 to 10 years for machinery and equipment. Assets under capital leases are amortized over the shorter of their estimated useful lives or the term of the related lease. Impairment of Long-Lived Assets: The Company reviews its long-lived assets for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During fiscal years 2017 , 2016 and 2015 , the Company concluded no impairment existed, except for impairments related to restructuring activities. Promotional Displays : The Company invests in promotional displays in retail stores to demonstrate product features, product and quality specifications and to serve as a training tool for retail kitchen designers. The Company invests in these long-lived productive assets to provide the aforementioned benefits. The Company's investment in promotional displays is carried at cost less applicable amortization. Amortization is provided by the straight-line method on an individual display basis over periods of 30 to 36 months (the estimated period of benefit). Promotional display amortization expense for fiscal years 2017 , 2016 and 2015 was $3.4 million , $3.4 million and $3.6 million , respectively, and is included in selling and marketing expenses. Income Taxes: The Company accounts for deferred income taxes utilizing the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the tax effects of temporary differences between the financial statement amounts and the tax basis of assets and liabilities, using enacted tax rates in effect for the year in which these items are expected to reverse. At each reporting date, the Company evaluates the need for a valuation allowance to adjust deferred tax assets and liabilities to an amount that more likely than not will be realized. Pensions : The Company has two non-contributory defined benefit pension plans covering many of the Company’s employees hired before April 30, 2012. Both defined benefit pension plans were frozen effective April 30, 2012. The Company recognizes the overfunded or underfunded status of its defined benefit pension plans, measured as the difference between the fair value of plan assets and the benefit obligation, in its consolidated balance sheets. The Company also recognizes the actuarial gains and losses and the prior service costs, credits and transition costs as a component of other comprehensive income (loss), net of tax. Stock-Based Compensation: The Company recognizes stock-based compensation expense based on the grant date fair value over the requisite service period. Self Insurance: The Company is self-insured for certain costs related to employee medical coverage, workers’ compensation liability, general liability, auto liability and property insurance. The Company maintains stop-loss coverage with third-party insurers to limit total exposure. The Company establishes a liability at each balance sheet date based on estimates for a variety of factors that influence the Company’s ultimate cost. In the event that actual experience is substantially different from the estimates, the financial results for the period could be adversely affected. The Company believes that the methodologies used to estimate insurance liabilities are an accurate reflection of the liabilities as of the date of the balance sheet. Recent Accounting Pronouncements : In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, “Revenue from Contracts with Customers: Topic 606.” ASU 2014-09 supersedes the revenue recognition requirements in “Accounting Standard Codification 605 - Revenue Recognition” and most industry-specific guidance. The standard requires that entities recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which a company expects to be entitled in exchange for those goods or services. ASU 2014-09 permits the use of either the retrospective or cumulative effect transition method. In August 2015, the FASB issued ASU No. 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date." ASU 2015-14 defers the effective date of ASU 2014-09 by one year to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that period. The Company does not expect the adoption of ASU 2014-09 and ASU 2015-14 to have a material impact on results of operations, cash flows and financial position. The Company is continuing to evaluate the impact of ASU 2014-09 primarily to determine the transition method to utilize at adoption and the additional disclosures required. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)." ASU 2016-02 requires lessees to recognize most leases on-balance sheet, which will increase reported assets and liabilities. Lessor accounting remains substantially similar to current U.S. GAAP. ASU 2016-02 supersedes "Topic 840 - Leases." ASU 2016-02 is effective for public companies for annual and interim periods in fiscal years beginning after December 15, 2018. ASU 2016-02 mandates a modified retrospective transition method for all entities. The Company is currently assessing the impact that ASU 2016-02 will have on its consolidated financial statements, however, if at adoption the Company has similar obligations for leases as it had at April 30, 2017, the Company believes this guidance will not have a material impact on its results of operations, cash flows and financial position. In March 2016, the FASB issued ASU No. 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Shares-Based Payment Accounting.” ASU 2016-09 is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. ASU 2016-09 changes several aspects of the accounting for share-based payment award transactions, including: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those years for public companies. The Company early adopted this standard as of May 1, 2016. As a result, during fiscal 2017, it recognized the excess tax benefit of $1.3 million as income tax benefit on the condensed consolidated statements of income (adopted prospectively). The adoption did not impact the existing classification of the awards. Excess tax benefits from stock based compensation is now classified in net income in the statement of cash flows instead of being separately stated in financing activities for the twelve months ended April 30, 2017 (adopted prospectively). Additionally, the Company reclassified $2.8 million and $1.4 million of employee withholding taxes paid from operating activities into financing activities in the statement of cash flows for the twelve month periods ended April 30, 2016 and 2015, respectively, as required by ASU 2016-09 (adopted retrospectively). Following the adoption of the new standard, the Company elected to continue estimating the number of awards expected to be forfeited and adjust its estimate on an ongoing basis. In April 2015, the FASB issued ASU 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The Company retrospectively adopted this standard on April 30, 2016, which resulted in the reclassification of approximately $0.3 million of debt issuance costs from other assets to long-term debt as of April 30, 2016. Adoption of the new guidance did not impact the Company's shareholder's equity, results of operations or statements of cash flows. In May 2015, the FASB issued ASU No. 2015-07, Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or its Equivalent), which amends the disclosure requirements of Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosures, for reporting entities that measure the fair value of an investment using the net asset value per share (or its equivalent) as a practical expedient. The amendments in ASU 2015-07 remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient and also remove the requirements to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. The Company retrospectively adopted this standard on April 30, 2017, which impacted the disclosure of investments, see Note H for additional information. In March 2017, the FASB issued ASU No. 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." ASU 2017-07 requires an employer to disaggregate the service cost component from the other components of net benefit (income) cost. The other components of net benefit (income) cost are required to be presented in the income statement separately from the service cost component and outside of operating income. The amendments also allow only the service cost component of net benefit (income) cost to be eligible for capitalization. The amendments in this ASU are effective for fiscal years beginning after December 15, 2017. The amendments in this ASU should be applied (1) retrospectively for the presentation of the service cost component and the other components of net periodic pension (income) cost and net periodic postretirement benefit (income) cost on the income statement, and (2) prospectively, on and after the effective date, for the capitalization of the service cost component of net periodic pension (income) cost and net periodic postretirement benefit (income) cost in assets. The Company is evaluating the effect this guidance will have on its results of operations, cash flows and financial position. Use of Estimates : The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during each reporting period. Actual results could differ from those estimates. Reclassifications : Certain reclassifications have been made to prior period balances to conform to the current year presentation.

Customer Receivables

Customer Receivables	12 Months Ended
	Apr. 30, 2017
Receivables [Abstract]
Customer Receivables	Customer Receivables The components of customer receivables were: APRIL 30 (in thousands) 2017 2016 Gross customer receivables $ 66,373 $ 58,593 Less: Allowance for doubtful accounts (148 ) (171 ) Allowance for returns and discounts (3,110 ) (2,609 ) Net customer receivables $ 63,115 $ 55,813

Inventories

Inventories	12 Months Ended
	Apr. 30, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories The components of inventories were: APRIL 30 (in thousands) 2017 2016 Raw materials $ 18,230 $ 17,634 Work-in-process 18,704 18,414 Finished goods 19,372 17,475 Total FIFO inventories 56,306 53,523 Reserve to adjust inventories to LIFO value (13,447 ) (14,204 ) Total LIFO inventories $ 42,859 $ 39,319

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Apr. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The components of property, plant and equipment were: APRIL 30 (in thousands) 2017 2016 Land $ 3,581 $ 2,311 Buildings and improvements 81,172 80,042 Buildings and improvements - capital leases 11,202 11,202 Machinery and equipment 187,836 182,937 Machinery and equipment - capital leases 29,378 29,357 Construction in progress 10,838 2,556 324,007 308,405 Less accumulated amortization and depreciation (216,074 ) (209,073 ) Total $ 107,933 $ 99,332 Amortization and depreciation expense on property, plant and equipment amounted to $14.2 million , $11.6 million and $9.5 million in fiscal years 2017 , 2016 and 2015 , respectively. Accumulated amortization on capital leases included in the above table amounted to $29.7 million and $29.6 million as of April 30, 2017 and 2016 , respectively.

Loans Payable and Long-Term Deb

Loans Payable and Long-Term Debt	12 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
Loans Payable and Long-Term Debt	Loans Payable and Long-Term Debt Maturities of long-term debt are as follows: FISCAL YEARS ENDING APRIL 30 (in thousands) 2018 2019 2020 2021 2022 2023 AND THERE- TOTAL OUTSTANDING Economic development loans $ — $ 2,189 $ — $ — $ — $ 2,250 $ 4,439 Capital lease obligations 1,598 1,268 1,081 810 635 1,456 6,848 Other long-term debt — — — — — 5,925 5,925 Debt issuance costs (18 ) (17 ) (17 ) (17 ) (17 ) (249 ) (335 ) Total $ 1,580 $ 3,440 $ 1,064 $ 793 $ 618 $ 9,382 $ 16,877 Current maturities $ (1,598 ) Total long-term debt $ 15,279 The Company’s primary loan agreement is a $35 million unsecured revolving credit facility which expires on December 31, 2018 with Wells Fargo Bank, N.A. ("Wells Fargo"). At April 30, 2017 and 2016 , $0 and $10 million , respectively, of loans were outstanding under this facility. The Company incurs a fee for amounts not used under the revolving credit facility. Fees paid by the Company related to non-usage of its current and former credit facilities have been included in interest expense and were insignificant in each of fiscal years 2017 , 2016 and 2015 . The Company can borrow under the revolving credit facility up to the lesser of $35 million or the maximum borrowing base (which equals 75% of eligible accounts receivable, 50% of eligible pre bill reserves and up to $20 million for equipment value, each as defined in the agreement) less any outstanding loan balance. Any outstanding loan balance bears interest at the London Interbank Offered Rate ("LIBOR") ( 0.995% at April 30, 2017 ) plus 1.5% . Under the terms of the revolving credit facility, the Company must: (1) maintain at the end of each fiscal quarter a ratio of total liabilities to tangible net worth of not greater than 1.4 to 1.0; (2) maintain at the end of each fiscal quarter a ratio of cash flow to fixed charges of not less than 1.5 to 1.0 measured on a rolling four-quarter basis; and (3) comply with other customary affirmative and negative covenants. The Company was in compliance with all covenants specified in the amended revolving credit facility as of April 30, 2017 , including as follows: (1) the Company’s ratio of total liabilities to tangible net worth at April 30, 2017 was 0.42 to 1.0; and (2) cash flow to fixed charges for its most recent four quarters was 4.94 to 1.0. The revolving credit facility does not limit the Company’s ability to pay dividends or repurchase its common stock as long as the Company is in compliance with these covenants. In 2009, the Company entered into a loan agreement with the Board of County Commissioners of Garrett County as part of the Company’s capital investment in land located in Garrett County, Maryland. This loan agreement was secured by a Deed of Trust on the property and bears interest at a fixed rate of 3% . The agreement deferred principal and interest during the term of the obligation and forgives any outstanding balance at December 31, 2019, if the Company complied with certain employment levels. The value of the land and associated site improvements totaled $3.5 million . During the fourth quarter of fiscal 2016, the Company conveyed the property for full settlement of the loan and accrued interest totaling $1.6 million . The Company recorded a loss on the transaction of $1.9 million . The loss was included in other (income) expense on the Company’s statements of income. In 2005, the Company entered into two separate loan agreements with the Maryland Economic Development Corporation and the County Commissioners of Allegany County as part of the Company’s capital investment and operations at the Allegany County, Maryland site. These loan agreements were amended in 2013 and 2008. The aggregate balance of these loan agreements was $2.2 million as of April 30, 2017 and 2016 . The loan agreements expire at December 31, 2018 and bear interest at a fixed rate of 3% per annum. These loan agreements are secured by mortgages on the manufacturing facility constructed in Allegany County, Maryland. These loan agreements defer principal and interest during the term of the obligation and forgive any outstanding balance at December 31, 2018, if the Company complies with certain employment levels at the facility. From 2013 through 2017, the Company entered into a total of 22 capitalized lease agreements in the aggregate amount of $3.5 million with First American Financial Bancorp related to financing computer equipment. Each lease has a term of 48 months and an interest rate between 3.5% and 6.5% . The leases require quarterly rental payments. The aggregate outstanding amount under all of these leases as of April 30, 2017 and 2016 was $1.4 million and $1.1 million , respectively. From 2013 through 2017, the Company entered into a total of 21 capitalized lease agreements in the aggregate amount of $2.3 million with e-Plus Group related to financing computer equipment. Each lease has a term of 51 months and an interest rate between 3.5% and 6.5% . The leases require monthly rental payments. The aggregate outstanding amount under all of these leases as of April 30, 2017 and 2016 was $1.0 million . In 2004, the Company entered into a lease agreement with the West Virginia Economic Development Authority as part of the Company’s capital investment and operations at the South Branch plant located in Hardy County, West Virginia. This capital lease agreement is a $10 million term obligation, which expires June 30, 2024, bearing interest at a fixed rate of 2% per annum. The lease requires monthly rental payments. The outstanding amounts owed as of April 30, 2017 and 2016 were $4.4 million and $5.0 million , respectively. In 2015, the Company entered into a $1.5 million loan agreement with the West Virginia Economic Development Authority as part of the Company's capital investment and operations at the South Branch plant located in Hardy County, West Virginia. The loan agreement expires on February 1, 2025 and bears interest at a fixed rate of 3% per annum. The loan agreement is secured by certain equipment. It defers principal and interest during the term of the obligation and forgives any outstanding balance at December 31, 2018, if the Company complies with certain employment levels at the facility. In 2016, the Company entered into a $0.8 million loan agreement with the West Virginia Economic Development authority as part of the Company's capital investment and operations at the South Branch plant located in Hardy County, West Virginia. The loan agreement expires on June 1, 2026 and bears interest at a fixed rate of 3% per annum. The loan agreement is secured by certain equipment. It defers principal and interest during the term of the obligation and forgives any outstanding balance at December 31, 2018, if the Company complies with certain employment levels at the facility. On January 25, 2016 the Company entered into a New Markets Tax Credit ("NMTC") financing agreement, pursuant to section 45D of the Internal Revenue Code of 1986, as amended, and Kentucky Revised Statutes Sections 141.432 through 141.434, to take advantage of a tax credit related to working capital and capital improvements at its Monticello, Kentucky facility. This financing agreement was structured with unrelated third party financial institutions (the "Investors"), their wholly-owned investment funds ("Investment Funds") and their wholly-owned community development entities ("CDEs") in connection with our participation in qualified transactions under the NMTC program. In exchange for substantially all of the benefits derived from the tax credits, the Investors made a contribution of $2.3 million , net of syndication fees, to the project. Upon closing the transaction, a wholly owned subsidiary of the Company provided a $4.3 million loan receivable to the Investment Funds, which is included in other long term assets in the accompanying consolidated balance sheets. The Company also entered into loan agreements aggregating $6.6 million payable to the CDEs sponsoring the project. The loans have a term of thirty years with an aggregate interest rate of approximately 1.2% . As of April 30, 2017 and 2016, the Company had drawn $5.9 million and $3.2 million , respectively, of the loan proceeds, which is included in long-term debt in the accompanying consolidated balance sheets. The NMTC is subject to recapture for a period of seven years, the compliance period. During the compliance period, the Company is required to comply with various regulations and contractual provisions that apply to the NMTC arrangement. We do not anticipate any credit recaptures will be required in connection with this arrangement. This transaction also includes a put/call feature which becomes enforceable at the end of the compliance period whereby we may be obligated or entitled to repurchase the Investors’ interest in the Investment Funds. The value attributable to the put/call is nominal. Direct costs of $0.3 million incurred in structuring the financing arrangement are deferred and will be recognized as expense over the term of the loans ( 30 years). Certain of the Company's loan agreements limit the amount and type of indebtedness the Company can incur and require the Company to maintain specified financial ratios measured on a quarterly basis. In addition to the assets previously discussed, certain of the Company’s property, plant and equipment are pledged as collateral under certain loan agreements and the capital lease arrangements. The Company was in compliance with all covenants contained in its loan agreements and capital leases at April 30, 2017 . Interest paid under the Company’s loan agreements and capital leases during fiscal years 2017 , 2016 and 2015 was $0.6 million , $0.5 million and $0.5 million , respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table summarizes the computations of basic and diluted earnings per share: FISCAL YEARS ENDED APRIL 30 (in thousands, except per share amounts) 2017 2016 2015 Numerator used in basic and diluted earnings per common share: Net income $ 71,199 $ 58,723 $ 35,499 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,259 16,256 15,764 Effect of dilutive securities: Stock options and restricted stock units 139 186 273 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,398 16,442 16,037 Net earnings per share Basic $ 4.38 $ 3.61 $ 2.25 Diluted $ 4.34 $ 3.57 $ 2.21 There were no potentially dilutive securities for the fiscal year ended April 30, 2017 and 2016, which were excluded from the calculation of net earnings per share. Potentially dilutive shares of 0.1 million issuable under the Company’s stock incentive plans have been excluded from the calculation of net earnings per share for the fiscal year ended April 30, 2015 , as the effect would be anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Apr. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has two types of stock-based compensation awards in effect for its employees and directors. The Company has issued stock options since 1986 and restricted stock units ("RSUs") since fiscal 2010. Total compensation expense related to stock-based awards for the fiscal years ended April 30, 2017, 2016 and 2015 was $3.5 million , $3.6 million and $3.5 million , respectively. The Company recognizes stock-based compensation costs net of an estimated forfeiture rate for those shares expected to vest on a straight-line basis over the requisite service period of the award. The Company estimates the forfeiture rates based upon its historical experience. Stock Incentive Plans At April 30, 2017, the Company had stock option and RSU awards outstanding under four different plans: (1) second amended and restated 2004 stock incentive plan for employees; (2) 2006 non-employee directors equity ownership plan; (3) 2011 non-employee directors equity ownership plan; and (4) 2015 non-employee directors equity ownership plan. As of April 30, 2017, there were 881,010 shares of common stock available for future stock-based compensation awards under the Company’s stock incentive plans. Methodology Assumptions For purposes of valuing stock option grants, the Company has identified one employee group and one non-employee director group, based upon observed option exercise patterns. The Company uses the Black-Scholes option-pricing model to value the Company’s stock options for each of the groups. Using this option-pricing model, the fair value of each stock option award is estimated on the date of grant. The fair value of the Company’s stock option awards is expensed on a straight-line basis over the vesting period of the stock options. The expected volatility assumption is based on the historical volatility of the Company’s stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from the Company’s historical exercise experience and represents the period of time that stock option awards granted are expected to be outstanding for each of the identified groups. The expected term assumption incorporates the contractual term of an option grant, which is generally ten years for employees and from four to ten years for non-employee directors, as well as the vesting period of an award, which is typically three years. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. For purposes of determining the fair value of RSUs, the Company uses the closing stock price of its common stock as reported on the NASDAQ Global Select Market on the date of grant. The fair value of the Company’s RSU awards is expensed on a straight-line basis over the vesting period of the RSUs to the extent the Company believes it is probable the related performance criteria, if any, will be met. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the vesting period of the RSU grant. The weighted-average assumptions and valuation of the Company’s stock options were as follows for fiscal years ended April 30, 2016 and 2015. The Company did not grant stock options during the fiscal year ended April 30, 2017. FISCAL YEARS ENDED APRIL 30 2016 2015 Weighted-average fair value of grants $ 18.59 $ 9.25 Expected volatility 29.8 % 27.4 % Expected term in years 5.8 5.9 Risk-free interest rate 2.16 % 2.19 % Expected dividend yield 0.0 % 0.0 % Stock Option Activity Stock options granted and outstanding under each of the Company’s plans vest evenly over a three -year period and have contractual terms of ten years. The exercise price of all stock options granted is equal to the fair market value of the Company’s common stock on the option grant date. The following table presents a summary of the Company’s stock option activity for the fiscal years ended April 30, 2017, 2016 and 2015 (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 Outstanding at April 30, 2014 851,314 4.3 $28.16 $ 3,121 Granted 66,600 9.1 29.92 — Exercised (508,639 ) — 28.05 7,209 Cancelled or expired (11,200 ) — 32.64 — Outstanding at April 30, 2015 398,075 5.0 $28.46 $ 8,851 Granted 30,700 9.1 57.11 — Exercised (287,975 ) — 27.99 11,089 Cancelled or expired (14,167 ) — 40.43 — Outstanding at April 30, 2016 126,633 5.8 $35.15 $ 4,773 Granted — — — — Exercised (71,715 ) — 33.00 2,597 Cancelled or expired — — — — Outstanding at April 30, 2017 54,918 5.6 $37.95 $ 2,963 Vested and expected to vest in the future at April 30, 2017 52,283 5.5 $37.76 $ 2,830 Exercisable at April 30, 2017 17,949 1.4 $28.13 $ 1,145 The aggregate intrinsic value in the previous table of the outstanding options on April 30, 2017 represents the total pre-tax intrinsic value (the excess, if any, of the Company’s closing stock price on the last trading day of fiscal 2017 over the exercise price, multiplied by the number of in-the-money options) of the shares of the Company’s common stock that would have been received by the option holders had all option holders exercised their options on April 30, 2017. This amount changes based upon the fair market value of the Company’s common stock. The total fair value of options vested for the fiscal years ended April 30, 2017, 2016 and 2015 was $0.6 million , $0.7 million and $0.7 million , respectively. As of April 30, 2017, there was $0.2 million of total unrecognized compensation expense related to unvested stock options granted under the Company’s stock-based compensation plans. This expense is expected to be recognized over a weighted-average period of 1.0 year. Cash received from option exercises for the fiscal years ended April 30, 2017, 2016 and 2015, was an aggregate of $2.4 million , $8.1 million and $14.3 million , respectively. The actual tax benefit realized for the tax deduction from option exercises of stock option awards totaled $1.0 million , $4.3 million and $2.8 million for the fiscal years ended April 30, 2017, 2016 and 2015, respectively. The following table summarizes information about stock options outstanding at April 30, 2017 (remaining lives in years and exercise prices are weighted-averages): OPTIONS OUTSTANDING OPTIONS EXERCISABLE OPTION PRICE REMAINING EXERCISE EXERCISE PER SHARE OPTIONS LIFE PRICE OPTIONS PRICE $22.77-$23.96 11,750 1.2 $23.45 11,750 $23.45 $29.92-$34.11 24,533 5.7 30.34 4,966 32.02 $57.11 18,635 8.1 57.11 1,233 57.11 54,918 17,949 Restricted Stock Unit Activity: The Company’s RSUs granted to employees cliff-vest over a three -year period from date of grant, while RSUs granted to non-employee directors vest daily over a two -year period from date of grant. Directors were granted service-based RSUs only, while employees were awarded both service-based and performance-based RSUs ("PBRSUs") in fiscal years 2017, 2016 and 2015. The PBRSUs granted in fiscal 2017 are earned based on achievement of a number of goals pertaining to the Company’s cultural and financial performance during three one-year performance periods of fiscal years 2017, 2018 and 2019. Employees who satisfy the vesting criteria will receive a proportional amount of PBRSUs based upon the Compensation Committee’s assessment of the Company’s achievement of the performance criteria. The following table contains a summary of the Company’s RSU activity for the fiscal years ended April 30, 2017, 2016 and 2015: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT Issued and outstanding, April 30, 2014 235,795 123,375 359,170 $22.79 Granted 79,500 40,100 119,600 $30.82 Cancelled due to non-achievement of performance goals (16,218 ) — (16,218 ) $36.18 Settled in common stock (79,407 ) (54,861 ) (134,268 ) $17.45 Forfeited (8,726 ) (4,764 ) (13,490 ) $27.78 Issued and outstanding, April 30, 2015 210,944 103,850 314,794 $27.15 Granted 48,201 22,349 70,550 $57.83 Cancelled due to non-achievement of performance goals (19,657 ) — (19,657 ) $29.92 Settled in common stock (89,665 ) (46,950 ) (136,615 ) $19.57 Forfeited (9,056 ) (3,537 ) (12,593 ) $40.99 Issued and outstanding, April 30, 2016 140,767 75,712 216,479 $40.88 Granted 36,058 25,322 61,380 $66.58 Cancelled due to non-achievement of performance goals (4,270 ) — (4,270 ) $64.55 Settled in common stock (45,509 ) (32,300 ) (77,809 ) $37.09 Forfeited (1,979 ) (1,280 ) (3,259 ) $49.40 Issued and outstanding, April 30, 2017 125,067 67,454 192,521 $50.09 As of April 30, 2017, there was $3.4 million of total unrecognized compensation expense related to unvested RSUs granted under the Company’s stock-based compensation plans. This expense is expected to be recognized over a weighted-average period of 1.6 years. For the fiscal years ended April 30, 2017, 2016 and 2015 stock-based compensation expense was allocated as follows: (in thousands) 2017 2016 2015 Cost of sales and distribution $ 665 $ 608 $ 518 Selling and marketing expenses 1,066 1,079 954 General and administrative expenses 1,738 1,922 2,025 Stock-based compensation expense, before income taxes $ 3,469 $ 3,609 $ 3,497 Restricted Stock Tracking Units: During fiscal 2017, the Board of Directors of the Company approved grants of 5,136 cash-settled performance-based restricted stock tracking units ("RSTUs") and 2,804 cash-settled service-based RSTUs for more junior level employees who previously received RSU grants under the Company’s shareholder approved plan. Each performance-based RSTU entitles the recipient to receive a payment in cash equal to the fair market value of a share of the Company’s common stock as of the payment date if applicable performance and cultural conditions are met and the recipient remains continuously employed with the Company until the units vest. The service-based RSTUs entitle the recipients to receive a payment in cash equal to the fair market value of a share of our common stock as of the payment date if they remain continuously employed with the Company until the units vest. The RSTUs cliff-vest three years from the grant date. Since the RSTUs will be settled in cash, the grant date fair value of these awards is recorded as a liability until the date of payment. The fair value of each cash-settled RSTU award is remeasured at the end of each reporting period and the liability is adjusted, and related expense recorded, based on the new fair value. The Company recognized expense of $0.8 million , $0.8 million and $0.4 million related to RSTUs for the fiscal years ended April 30, 2017, 2016 and 2015, respectively. A liability for payment of the RSTUs is included in the Company's balance sheets in the amount of $1.5 million and $1.2 million as of April 30, 2017 and 2016, respectively.

Employee Benefit and Retirement

Employee Benefit and Retirement Plans	12 Months Ended
	Apr. 30, 2017
Compensation and Retirement Disclosure [Abstract]
Employee Benefit and Retirement Plans	Employee Benefit and Retirement Plans Retirement Savings Plan In fiscal 1990, the Company instituted the American Woodmark Investment Savings Stock Ownership Plan and effective January 1, 2016 the plan name was changed to the American Woodmark Corporation Retirement Savings Plan. Under this plan, all employees who are at least 18 years old and have been employed by the Company for at least six consecutive months are eligible to receive Company stock through a discretionary profit-sharing contribution and a 401(k) matching contribution based upon the employee's contribution to the plan. Discretionary profit-sharing contributions ranging from 0 - 5% , based on predetermined net income levels of the Company, may be made annually in the form of Company stock. The Company recognized expenses for profit-sharing contributions of $3.6 million , $2.9 million and $1.8 million in fiscal years 2017, 2016 and 2015, respectively. In fiscal 2013, as part of the realignment of its retirement plans, the Company increased the match on 401(k) contributions in the form of Company stock to 100% of an employee’s annual contribution to the plan up to 4% of annual compensation. Effective May 1, 2015, matching contributions are made in cash by the Company. The expense for 401(k) matching contributions for this plan was $7.2 million , $6.6 million and $5.6 million , in fiscal years 2017, 2016 and 2015, respectively. Pension Benefits The Company has two defined benefit pension plans covering many of the Company’s employees hired prior to April 30, 2012. These plans provide defined benefits based on years of service and final average earnings (for salaried employees) or benefit rate (for hourly employees). Effective April 30, 2012, the Company froze all future benefit accruals under the Company’s hourly and salaried defined benefit pension plans. Included in accumulated other comprehensive loss at April 30, 2017 is $66.3 million ( $40.4 million net of tax) related to net unrecognized actuarial losses that have not yet been recognized in net periodic pension benefit costs. The Company expects to recognize $1.6 million ( $1.0 million net of tax) in net actuarial losses in net periodic pension benefit costs during fiscal 2018. The Company uses an April 30 measurement date for its benefit plans. The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company’s non-contributory defined benefit pension plans as of April 30: APRIL 30 (in thousands) 2017 2016 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 174,096 $ 169,986 Interest cost 5,772 7,014 Actuarial (gains) losses (4,672 ) 1,921 Benefits paid (10,023 ) (4,825 ) Projected benefit obligation at end of year $ 165,173 $ 174,096 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 106,965 $ 108,661 Actual return on plan assets 12,895 (1,887 ) Company contributions 27,304 5,016 Benefits paid (10,023 ) (4,825 ) Fair value of plan assets at end of year $ 137,141 $ 106,965 Funded status of the plans $ (28,032 ) $ (67,131 ) Unrecognized net actuarial loss 66,255 77,514 Prepaid benefit cost $ 38,223 $ 10,383 The accumulated benefit obligation for both pension plans was $165.2 million and $174.1 million at April 30, 2017 and 2016, respectively. April 30 (in thousands) 2017 2016 2015 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 5,772 $ 7,014 $ 6,466 Expected return on plan assets (8,079 ) (8,142 ) (7,666 ) Recognized net actuarial loss 1,771 1,412 865 Pension benefit cost $ (536 ) $ 284 $ (335 ) The components of net periodic pension benefit cost do not include service costs or prior service costs due to the plans being frozen. Actuarial Assumptions : The discount rate at April 30 was used to measure the year-end benefit obligations and the earnings effects for the subsequent year. Actuarial assumptions used to determine benefit obligations and earnings effects for the pension plans follow: FISCAL YEARS ENDED APRIL 30 2017 2016 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate 4.12 % 4.06 % FISCAL YEARS ENDED APRIL 30 2017 2016 2015 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 4.06 % 4.19 % 4.56% Expected return on plan assets 7.5 % 7.5 % 7.5 % The Company bases the discount rate on a current yield curve developed from a portfolio of high-quality fixed-income investments with maturities consistent with the projected benefit payout period. The long-term rate of return on assets is determined based on consideration of historical and forward-looking returns and the current and expected asset allocation strategy. Beginning with the April 30, 2016 measurement, the Company refined the method used to determine the service and interest cost components of its net periodic benefit cost. Previously, the cost was determined using a single weighted-average discount rate derived from the yield curve. Under the refined method, known as the spot rate approach, individual spot rates along the yield curve that correspond with the timing of each benefit payment will be used. The Company believes this change provides a more precise measurement of service and interest costs by improving the correlation between projected cash outflows and corresponding spot rates on the yield curve. Compared to the previous method, the spot rate approach decreased the service and interest components of the benefit costs in fiscal 2017. There was no impact on the total benefit obligation. The Company accounted for this change prospectively as a change in accounting estimate. In developing the expected long-term rate of return assumption for the assets of the defined benefit pension plans, the Company evaluated input from its third party pension plan asset managers, including their review of asset class return expectations and long-term inflation assumptions. The Company amortizes experience gains and losses, as well as the effects of changes in actuarial assumptions and plan provisions, over the average remaining lifetime of the active participants. Contributions: The Company funds the pension plans in amounts sufficient to meet minimum funding requirements under applicable employee benefit and tax laws plus additional amounts the Company deems appropriate. The Company expects to contribute $5.7 million to its pension plans in fiscal 2018. The Company made contributions of $27.3 million and $5.0 million to its pension plans in fiscal 2017 and 2016, respectively. Estimated Future Benefit Payments : The following benefit payments, which reflect expected future service, are expected to be paid: FISCAL YEAR BENEFIT PAYMENTS (in thousands) 2018 $ 5,998 2019 6,363 2020 6,716 2021 7,111 2022 7,461 Years 2023-2027 42,474 Plan Assets: Pension assets by major category and the type of fair value measurement as of April 30, 2017 and 2016 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2017 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 295 $ 295 $ — $ — Equity Funds: Mutual Fund Equity 78,335 78,335 — — Fixed Income Funds: Mutual Fund Tax Income 45,290 45,290 — — Plan assets measured at net asset value 1 123,920 123,920 — — Common Collective Funds: Capital Preservation Fund 13,221 Total plan assets $ 137,141 FAIR VALUE MEASUREMENTS AT APRIL 30, 2016 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 10 $ 10 $ — $ — Equity Funds: Mutual Fund Equity 61,338 61,338 — — Fixed Income Funds: Mutual Fund Tax Income 27,681 27,681 — — Plan assets measured at net asset value 1 89,029 89,029 — — Common Collective Funds: Capital Preservation Fund 17,936 Total plan assets $ 106,965 1 As discussed in Note A, investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have been removed from the total plan assets in the fair value hierarchy. Investment Strategy: The Company has established formal investment policies for the assets associated with its pension plans. The objectives of the investment strategies include preservation of capital and long-term growth of capital while avoiding excessive risk. Target allocation percentages are established at an asset class level by the Company’s Pension Committee. Target allocation ranges are guidelines, not limitations, and the Pension Committee may approve allocations above or below a target range. During a period of uncertainty in the equity and fixed income markets, the Pension Committee may suspend the Target Asset Allocation and manage the investment mix as it sees reasonable, prudent and in the best interest of the plans to better protect the value of the plan assets. The Company’s pension plans’ weighted-average asset allocations at April 30, 2017 and 2016, by asset category, were as follows: PLAN ASSET ALLOCATION 2017 2017 2016 APRIL 30 TARGET ACTUAL ACTUAL Equity Funds 57.0 % 57.0 % 57.0 % Fixed Income Funds 43.0 % 43.0 % 43.0 % Total 100.0 % 100.0 % 100.0 % Within the broad categories outlined in the preceding table, the Company has the following specific allocations as a percentage of total funds invested: 10% Capital Preservation, 33% Bond and 57% Equity.

Income Taxes

Income Taxes	12 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2017 2016 2015 CURRENT EXPENSE Federal $ 23,638 $ 18,239 $ 12,663 State 4,189 3,195 1,890 Total current expense 27,827 21,434 14,553 DEFERRED EXPENSE Federal 8,607 10,179 3,024 State 1,292 1,450 1,311 Total deferred expense 9,899 11,629 4,335 Total expense 37,726 33,063 18,888 Other comprehensive income (loss) 4,391 (4,110 ) (9,510 ) Total comprehensive income tax expense $ 42,117 $ 28,953 $ 9,378 The Company's effective income tax rate varied from the federal statutory rate as follows: FISCAL YEARS ENDED APRIL 30 2017 2016 2015 Federal statutory rate 35.0 % 35.0 % 35.0 % Effect of: Research and experimentation tax credit (0.2 )% — % (2.3 )% Stock Compensation (1.3 ) — — Meals and entertainment 0.3 0.3 0.5 Domestic production deduction (2.2 ) (2.5 ) (2.4 ) Other (0.3 ) (0.1 ) 0.1 Total (3.7 )% (2.3 )% (4.1 )% Effective federal income tax rate 31.3 % 32.7 % 30.9 % State income taxes, net of federal tax effect 3.3 3.3 3.8 Effective income tax rate 34.6 % 36.0 % 34.7 % Included in the fiscal year 2015 effective income tax rate are research and experimentation tax credits for fiscal years 2011 through 2014. The research and experimentation tax credits for fiscal years 2017 and 2016 are not estimated to be significant. Due to the adoption of ASU 2016-09 in fiscal year 2017, excess tax benefits of stock compensation were recorded in tax expense while in previous years excess benefits were recorded in additional paid-in-capital and therefore, did not impact the effective tax rate. Income taxes paid were $27.3 million , $24.5 million and $13.3 million for fiscal years 2017, 2016 and 2015, respectively. The significant components of deferred tax assets and liabilities were as follows: APRIL 30 (in thousands) 2017 2016 Deferred tax assets: Pension benefits $ 8,852 $ 24,930 Accounts receivable 6,938 5,981 Product liability 1,272 1,141 Employee benefits 7,914 7,101 State tax credit carryforwards 4,083 4,867 Other 862 353 Gross deferred tax assets, before valuation allowance 29,921 44,373 Valuation allowance (2,446 ) (3,061 ) Gross deferred tax assets, after valuation allowance 27,475 41,312 Deferred tax liabilities: Inventory 297 440 Depreciation 9,131 8,298 9,428 8,738 Net deferred tax asset $ 18,047 $ 32,574 The Company has recorded a valuation allowance related to deferred tax assets for certain state investment tax credit (ITC) carryforwards. Deferred tax assets are reduced by a valuation allowance when, after considering all positive and negative evidence, it is determined that it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. In fiscal 2017, the Company reassessed the valuation allowance related to ITCs and released $0.6 million of the valuation allowance recorded in the prior year. The gross amount of state tax credit carryforwards related to state ITCs as of April 30, 2017 and 2016 was $6.1 million and $5.8 million , respectively. These credits expire in various years beginning in fiscal 2020. Net of the federal impact and related valuation allowance, the Company recorded $1.6 million and $1.8 million of deferred tax assets related to these credits, as of April 30, 2017 and 2016, respectively. The Company accounts for ITCs under the deferral method, under which the tax benefit from the ITC is deferred and amortized into income tax expense over the book life of the related property. As of April 30, 2017 and 2016, a deferred credit balance of $1.5 million and $1.8 million , respectively, is included in other liabilities on the balance sheet.

Accounting for Uncertainty in I

Accounting for Uncertainty in Income Taxes	12 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
Accounting for Uncertainty in Income Taxes	Accounting for Uncertainty in Income Taxes The Company accounts for its income tax uncertainties in accordance with ASC Topic 740, “Income Taxes.” The Company's liability relating to uncertain tax positions for the years ended April 30, 2017 and 2016 was de minimis. With minor exceptions, the Company is currently open to audit by tax authorities for tax years ending April 30, 2014 through April 30, 2017. The Company is currently not under federal audit.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Apr. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters The Company is involved in suits and claims in the normal course of business, including without limitation product liability and general liability claims, and claims pending before the Equal Employment Opportunity Commission. On at least a quarterly basis, the Company consults with its legal counsel to ascertain the reasonable likelihood that such claims may result in a loss. As required by ASC Topic 450, “Contingencies” (ASC 450), the Company categorizes the various suits and claims into three categories according to their likelihood for resulting in potential loss: those that are probable, those that are reasonably possible and those that are deemed to be remote. Where losses are deemed to be probable and estimable, accruals are made. Where losses are deemed to be reasonably possible, a range of loss estimates is determined and considered for disclosure. In determining these loss range estimates, the Company considers known values of similar claims and consultation with independent counsel. The Company believes that the aggregate range of loss stemming from the various suits and asserted and unasserted claims which were deemed to be either probable or reasonably possible is not material as of April 30, 2017. Product Warranty The Company estimates outstanding warranty costs based on the historical relationship between warranty claims and revenues. The warranty accrual is reviewed monthly to verify that it properly reflects the remaining obligation based on the anticipated expenditures over the balance of the obligation period. Adjustments are made when actual warranty claim experience differs from estimates. Warranty claims are generally made within two months of the original shipment date. The following is a reconciliation of the Company’s warranty liability: APRIL 30 (in thousands) 2017 2016 PRODUCT WARRANTY RESERVE Beginning balance $ 2,926 $ 2,643 Accrual for warranties 18,552 16,279 Settlements (18,216 ) (15,996 ) Ending balance at fiscal year end $ 3,262 $ 2,926 Lease Agreements The Company leases certain office buildings, manufacturing buildings, service centers and equipment. Total rental expenses under operating leases amounted to approximately $10.9 million , $9.8 million and $8.8 million , in fiscal years 2017, 2016 and 2015, respectively. Minimum rental commitments as of April 30, 2017, under noncancelable leases with terms in excess of one year are as follows: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2018 $ 2,884 $ 1,796 2019 1,258 1,401 2020 937 1,167 2021 602 863 2022 119 672 2023 (and thereafter) 16 1,490 $ 5,816 $ 7,389 Less amounts representing interest (2% - 6.5%) (541 ) Total obligations under capital leases $ 6,848 Related Parties During fiscal 1985, prior to becoming a publicly held corporation, the Company entered into an agreement with a partnership which includes certain former executive officers and current significant shareholders of the Company, to lease the Company’s headquarters building which was constructed and is owned by the partnership. The Company has subsequently renewed this lease in accordance with Company policy and procedures which includes approval by the Board of Directors. In considering the renewal of this lease, the Company assesses the lease terms in relation to market terms for comparable properties. Based upon this review, the Company believes that the rent under the lease is in line with market rates that could be obtained at arm’s length from unaffiliated third parties. As of April 30, 2017, the Company is in the second year of the latest five -year renewal period, which expires in 2021. In April 2017, the Company gave notice that it would be terminating the lease on May 31, 2018. Under this agreement, rental expense was $0.5 million , $0.5 million and $0.5 million , in fiscal years 2017, 2016 and 2015, respectively. Rent due during the remaining term of the lease is approximately $0.5 million (included in the preceding table).

Credit Concentration

Credit Concentration	12 Months Ended
	Apr. 30, 2017
Risks and Uncertainties [Abstract]
Credit Concentration	Credit Concentration Credit is extended to customers based on an evaluation of each customer's financial condition and generally collateral is not required. The Company's customers operate in the new home construction and home remodeling markets. The Company maintains an allowance for bad debt based upon management's evaluation and judgment of potential net loss. The allowance is estimated based upon historical experience, the effects of current developments and economic conditions and of each customer’s current and anticipated financial condition. Estimates and assumptions are periodically reviewed and updated. Any resulting adjustments to the allowance are reflected in current operating results. At April 30, 2017, the Company's two largest customers, Customers A and B, represented 8.2% and 20.7% of the Company's gross customer receivables, respectively. At April 30, 2016, Customers A and B represented 12.4% and 21.0% of the Company’s gross customer receivables, respectively. The following table summarizes the percentage of sales to the Company's two largest customers for the last three fiscal years: PERCENT OF ANNUAL GROSS SALES 2017 2016 2015 Customer A 20.7% 23.9% 26.5% Customer B 16.5% 17.2% 18.6%

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Apr. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company utilizes the hierarchy of fair value measurements to classify certain of its assets and liabilities based upon the following definitions: Level 1 – Investments with quoted prices in active markets for identical assets or liabilities. The Company’s cash equivalents are invested in money market funds, mutual funds and certificates of deposit. The Company’s mutual fund investment assets represent contributions made and invested on behalf of the Company’s named executive officers in a supplementary employee retirement plan. Level 2 – Investments with observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. The Company has no Level 2 assets or liabilities. Level 3 – Investments with unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company has no Level 3 assets or liabilities. The fair value measurement of assets held by the Company’s defined benefit pension plans is discussed in Note H. The Company's financial instruments include cash and equivalents, marketable securities and other investments; accounts receivable and accounts payable; and short- and long-term debt. The carrying values of cash and equivalents, accounts receivable and payable and short- and long-term debt on the Consolidated Balance Sheets approximate their fair value. The following table summarizes the fair value of assets that are recorded in the Company’s consolidated financial statements as of April 30, 2017 and 2016 at fair value on a recurring basis: FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2017 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Money market funds $ 50,146 $ — $ — Mutual funds 1,038 — — Certificates of deposit 72,250 — — Total assets at fair value $ 123,434 $ — $ — FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2016 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Money market funds $ 30,490 $ — $ — Mutual funds 998 — — Certificates of deposit 47,500 — — Total assets at fair value $ 78,988 $ — $ —

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Apr. 30, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Quarterly Financial Data (Unaudited) FISCAL 2017 07/31/16 10/31/2016 01/31/17 04/30/17 (in thousands, except per share amounts) Net sales $ 258,150 $ 264,076 $ 249,285 $ 258,737 Gross profit 59,317 56,152 51,596 57,571 Income before income taxes 31,960 28,430 21,773 26,762 Net income 21,661 17,637 14,553 17,348 Earnings per share Basic $ 1.33 $ 1.08 $ 0.90 $ 1.07 Diluted $ 1.32 $ 1.07 $ 0.89 $ 1.06 FISCAL 2016 07/31/15 10/31/2015 01/31/16 04/30/16 (in thousands, except per share amounts) Net sales $ 231,198 $ 256,292 $ 218,632 $ 240,923 Gross profit 50,173 56,052 44,598 48,871 Income before income taxes 23,721 28,533 18,683 20,849 Net income 15,158 18,180 12,013 13,372 Earnings per share Basic $ 0.94 $ 1.12 $ 0.74 $ 0.82 Diluted $ 0.92 $ 1.10 $ 0.73 $ 0.81

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Apr. 30, 2017
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II - Valuation and Qualifying Accounts AMERICAN WOODMARK CORPORATION (In Thousands) Description (a) Balance at Beginning of Year Additions (Reductions) Charged to Other Deductions Balance at End of Year Year ended April 30, 2017: Allowance for doubtful accounts $ 171 $ 200 $ — $ (223 ) (b) $ 148 Reserve for cash discounts $ 827 $ 10,027 (c) $ — $ (9,875 ) (d) $ 979 Reserve for sales returns and allowances $ 1,782 $ 7,962 (c) $ — $ (7,613 ) $ 2,131 Year ended April 30, 2016: Allowance for doubtful accounts $ 173 $ 108 $ — $ (110 ) (b) $ 171 Reserve for cash discounts $ 746 $ 9,570 (c) $ — $ (9,489 ) (d) $ 827 Reserve for sales returns and allowances $ 1,594 $ 7,833 (c) $ — $ (7,645 ) $ 1,782 Year ended April 30, 2015: Allowance for doubtful accounts $ 102 $ 184 $ — $ (113 ) (b) $ 173 Reserve for cash discounts $ 727 $ 8,859 (c) $ — $ (8,840 ) (d) $ 746 Reserve for sales returns and allowances $ 1,639 $ 7,326 (c) $ — $ (7,371 ) $ 1,594 (a) All reserves relate to accounts receivable. (b) Principally write-offs, net of collections. (c) Reduction of gross sales. (d) Cash discounts granted. Item 16. Form 10-K Summary None.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Apr. 30, 2017
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation: The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. Significant inter-company accounts and transactions have been eliminated in consolidation.
Revenue Recognition	Revenue Recognition : The Company recognizes revenue when product is delivered to the customer and title has passed. Revenue is based on invoice price less allowances for sales returns, cash discounts and other deductions.
Cost of Sales and Distribution	Cost of Sales and Distribution : Cost of sales and distribution includes all costs associated with the manufacture and distribution of the Company’s products including the costs of shipping and handling.
Advertising Costs	Advertising Costs : Advertising costs are expensed as incurred.
Cash and Cash Equivalents and Investments in Certificates of Deposit	Cash and Cash Equivalents : Cash in excess of operating requirements is invested in money market accounts which are carried at cost (which approximates fair value). The Company considers all highly liquid short-term investments with an original maturity of three months or less when purchased to be cash equivalents. Cash equivalents were $50.1 million and $34.0 million at April 30, 2017 and 2016 , respectively. Investments in Certificates of Deposit: The Company invests excess cash in certificates of deposit which are carried at cost (which approximates fair value).
Inventories	Inventories : Inventories are stated at lower of cost or market. Inventory costs are determined by the last-in, first-out (LIFO) method. The LIFO cost reserve is determined in the aggregate for inventory and is applied as a reduction to inventories determined on the first-in, first-out method (FIFO). FIFO inventory cost approximates replacement cost.
Property, Plant and Equipment	Property, Plant and Equipment: Property, plant and equipment is stated on the basis of cost less accumulated depreciation. Depreciation is provided by the straight-line method over the estimated useful lives of the related assets, which range from 15 to 30 years for buildings and improvements and 3 to 10 years for machinery and equipment. Assets under capital leases are amortized over the shorter of their estimated useful lives or the term of the related lease.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets: The Company reviews its long-lived assets for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During fiscal years 2017 , 2016 and 2015 , the Company concluded no impairment existed, except for impairments related to restructuring activities.
Promotional Displays	Promotional Displays : The Company invests in promotional displays in retail stores to demonstrate product features, product and quality specifications and to serve as a training tool for retail kitchen designers. The Company invests in these long-lived productive assets to provide the aforementioned benefits. The Company's investment in promotional displays is carried at cost less applicable amortization. Amortization is provided by the straight-line method on an individual display basis over periods of 30 to 36 months (the estimated period of benefit).
Income Taxes	Income Taxes: The Company accounts for deferred income taxes utilizing the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the tax effects of temporary differences between the financial statement amounts and the tax basis of assets and liabilities, using enacted tax rates in effect for the year in which these items are expected to reverse. At each reporting date, the Company evaluates the need for a valuation allowance to adjust deferred tax assets and liabilities to an amount that more likely than not will be realized.
Pensions	Pensions : The Company has two non-contributory defined benefit pension plans covering many of the Company’s employees hired before April 30, 2012. Both defined benefit pension plans were frozen effective April 30, 2012. The Company recognizes the overfunded or underfunded status of its defined benefit pension plans, measured as the difference between the fair value of plan assets and the benefit obligation, in its consolidated balance sheets. The Company also recognizes the actuarial gains and losses and the prior service costs, credits and transition costs as a component of other comprehensive income (loss), net of tax.
Stock-Based Compensation	Stock-Based Compensation: The Company recognizes stock-based compensation expense based on the grant date fair value over the requisite service period.
Recent Accounting Pronouncements	Recent Accounting Pronouncements :
Use of Estimates	Use of Estimates : The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during each reporting period. Actual results could differ from those estimates.
Reclassifications	Reclassifications : Certain reclassifications have been made to prior period balances to conform to the current year presentation.

Customer Receivables (Tables)

Customer Receivables (Tables)	12 Months Ended
	Apr. 30, 2017
Receivables [Abstract]
Components Of Customer Receivables	The components of customer receivables were: APRIL 30 (in thousands) 2017 2016 Gross customer receivables $ 66,373 $ 58,593 Less: Allowance for doubtful accounts (148 ) (171 ) Allowance for returns and discounts (3,110 ) (2,609 ) Net customer receivables $ 63,115 $ 55,813

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Apr. 30, 2017
Inventory Disclosure [Abstract]
Components Of Inventories	The components of inventories were: APRIL 30 (in thousands) 2017 2016 Raw materials $ 18,230 $ 17,634 Work-in-process 18,704 18,414 Finished goods 19,372 17,475 Total FIFO inventories 56,306 53,523 Reserve to adjust inventories to LIFO value (13,447 ) (14,204 ) Total LIFO inventories $ 42,859 $ 39,319

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Apr. 30, 2017
Property, Plant and Equipment [Abstract]
Components Of Property, Plant And Equipment	The components of property, plant and equipment were: APRIL 30 (in thousands) 2017 2016 Land $ 3,581 $ 2,311 Buildings and improvements 81,172 80,042 Buildings and improvements - capital leases 11,202 11,202 Machinery and equipment 187,836 182,937 Machinery and equipment - capital leases 29,378 29,357 Construction in progress 10,838 2,556 324,007 308,405 Less accumulated amortization and depreciation (216,074 ) (209,073 ) Total $ 107,933 $ 99,332

Loans Payable and Long-Term D28

Loans Payable and Long-Term Debt (Tables)	12 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
Schedule Of Debt Maturities	Maturities of long-term debt are as follows: FISCAL YEARS ENDING APRIL 30 (in thousands) 2018 2019 2020 2021 2022 2023 AND THERE- TOTAL OUTSTANDING Economic development loans $ — $ 2,189 $ — $ — $ — $ 2,250 $ 4,439 Capital lease obligations 1,598 1,268 1,081 810 635 1,456 6,848 Other long-term debt — — — — — 5,925 5,925 Debt issuance costs (18 ) (17 ) (17 ) (17 ) (17 ) (249 ) (335 ) Total $ 1,580 $ 3,440 $ 1,064 $ 793 $ 618 $ 9,382 $ 16,877 Current maturities $ (1,598 ) Total long-term debt $ 15,279

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
Schedule Of Earnings (Loss) Per Share, Basic And Diluted	The following table summarizes the computations of basic and diluted earnings per share: FISCAL YEARS ENDED APRIL 30 (in thousands, except per share amounts) 2017 2016 2015 Numerator used in basic and diluted earnings per common share: Net income $ 71,199 $ 58,723 $ 35,499 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,259 16,256 15,764 Effect of dilutive securities: Stock options and restricted stock units 139 186 273 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,398 16,442 16,037 Net earnings per share Basic $ 4.38 $ 3.61 $ 2.25 Diluted $ 4.34 $ 3.57 $ 2.21

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Apr. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule Of Weighted Average Assumptions And Valuation Of Stock Options	The weighted-average assumptions and valuation of the Company’s stock options were as follows for fiscal years ended April 30, 2016 and 2015. The Company did not grant stock options during the fiscal year ended April 30, 2017. FISCAL YEARS ENDED APRIL 30 2016 2015 Weighted-average fair value of grants $ 18.59 $ 9.25 Expected volatility 29.8 % 27.4 % Expected term in years 5.8 5.9 Risk-free interest rate 2.16 % 2.19 % Expected dividend yield 0.0 % 0.0 %
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, 2017, 2016 and 2015 (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 Outstanding at April 30, 2014 851,314 4.3 $28.16 $ 3,121 Granted 66,600 9.1 29.92 — Exercised (508,639 ) — 28.05 7,209 Cancelled or expired (11,200 ) — 32.64 — Outstanding at April 30, 2015 398,075 5.0 $28.46 $ 8,851 Granted 30,700 9.1 57.11 — Exercised (287,975 ) — 27.99 11,089 Cancelled or expired (14,167 ) — 40.43 — Outstanding at April 30, 2016 126,633 5.8 $35.15 $ 4,773 Granted — — — — Exercised (71,715 ) — 33.00 2,597 Cancelled or expired — — — — Outstanding at April 30, 2017 54,918 5.6 $37.95 $ 2,963 Vested and expected to vest in the future at April 30, 2017 52,283 5.5 $37.76 $ 2,830 Exercisable at April 30, 2017 17,949 1.4 $28.13 $ 1,145
Schedule Of Stock Options Oustanding Activity	The following table summarizes information about stock options outstanding at April 30, 2017 (remaining lives in years and exercise prices are weighted-averages): OPTIONS OUTSTANDING OPTIONS EXERCISABLE OPTION PRICE REMAINING EXERCISE EXERCISE PER SHARE OPTIONS LIFE PRICE OPTIONS PRICE $22.77-$23.96 11,750 1.2 $23.45 11,750 $23.45 $29.92-$34.11 24,533 5.7 30.34 4,966 32.02 $57.11 18,635 8.1 57.11 1,233 57.11 54,918 17,949
Summary Of RSU's Activity	The following table contains a summary of the Company’s RSU activity for the fiscal years ended April 30, 2017, 2016 and 2015: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT Issued and outstanding, April 30, 2014 235,795 123,375 359,170 $22.79 Granted 79,500 40,100 119,600 $30.82 Cancelled due to non-achievement of performance goals (16,218 ) — (16,218 ) $36.18 Settled in common stock (79,407 ) (54,861 ) (134,268 ) $17.45 Forfeited (8,726 ) (4,764 ) (13,490 ) $27.78 Issued and outstanding, April 30, 2015 210,944 103,850 314,794 $27.15 Granted 48,201 22,349 70,550 $57.83 Cancelled due to non-achievement of performance goals (19,657 ) — (19,657 ) $29.92 Settled in common stock (89,665 ) (46,950 ) (136,615 ) $19.57 Forfeited (9,056 ) (3,537 ) (12,593 ) $40.99 Issued and outstanding, April 30, 2016 140,767 75,712 216,479 $40.88 Granted 36,058 25,322 61,380 $66.58 Cancelled due to non-achievement of performance goals (4,270 ) — (4,270 ) $64.55 Settled in common stock (45,509 ) (32,300 ) (77,809 ) $37.09 Forfeited (1,979 ) (1,280 ) (3,259 ) $49.40 Issued and outstanding, April 30, 2017 125,067 67,454 192,521 $50.09
Stock-Based Compensation Expense Allocated	For the fiscal years ended April 30, 2017, 2016 and 2015 stock-based compensation expense was allocated as follows: (in thousands) 2017 2016 2015 Cost of sales and distribution $ 665 $ 608 $ 518 Selling and marketing expenses 1,066 1,079 954 General and administrative expenses 1,738 1,922 2,025 Stock-based compensation expense, before income taxes $ 3,469 $ 3,609 $ 3,497

Employee Benefit and Retireme31

Employee Benefit and Retirement Plans (Tables)	12 Months Ended
	Apr. 30, 2017
Compensation and Retirement Disclosure [Abstract]
Reconciliation Of Benefit Obligations, Plan Assets, And Funded Status	The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company’s non-contributory defined benefit pension plans as of April 30: APRIL 30 (in thousands) 2017 2016 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 174,096 $ 169,986 Interest cost 5,772 7,014 Actuarial (gains) losses (4,672 ) 1,921 Benefits paid (10,023 ) (4,825 ) Projected benefit obligation at end of year $ 165,173 $ 174,096 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 106,965 $ 108,661 Actual return on plan assets 12,895 (1,887 ) Company contributions 27,304 5,016 Benefits paid (10,023 ) (4,825 ) Fair value of plan assets at end of year $ 137,141 $ 106,965 Funded status of the plans $ (28,032 ) $ (67,131 ) Unrecognized net actuarial loss 66,255 77,514 Prepaid benefit cost $ 38,223 $ 10,383
Net Periodic Pension Cost	The accumulated benefit obligation for both pension plans was $165.2 million and $174.1 million at April 30, 2017 and 2016, respectively. April 30 (in thousands) 2017 2016 2015 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 5,772 $ 7,014 $ 6,466 Expected return on plan assets (8,079 ) (8,142 ) (7,666 ) Recognized net actuarial loss 1,771 1,412 865 Pension benefit cost $ (536 ) $ 284 $ (335 )
Schedule Of Assumptions Used To Determine Benenfit Obligations And Earnings Effects For Pension Plans	The discount rate at April 30 was used to measure the year-end benefit obligations and the earnings effects for the subsequent year. Actuarial assumptions used to determine benefit obligations and earnings effects for the pension plans follow: FISCAL YEARS ENDED APRIL 30 2017 2016 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate 4.12 % 4.06 % FISCAL YEARS ENDED APRIL 30 2017 2016 2015 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 4.06 % 4.19 % 4.56% Expected return on plan assets 7.5 % 7.5 % 7.5 %
Schedule Of Expected Future Benefit Payments	The following benefit payments, which reflect expected future service, are expected to be paid: FISCAL YEAR BENEFIT PAYMENTS (in thousands) 2018 $ 5,998 2019 6,363 2020 6,716 2021 7,111 2022 7,461 Years 2023-2027 42,474
Schedule Of Pension Assets By Major Category Of Plan Assets And Type Of Fair Value Measurements	Pension assets by major category and the type of fair value measurement as of April 30, 2017 and 2016 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2017 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 295 $ 295 $ — $ — Equity Funds: Mutual Fund Equity 78,335 78,335 — — Fixed Income Funds: Mutual Fund Tax Income 45,290 45,290 — — Plan assets measured at net asset value 1 123,920 123,920 — — Common Collective Funds: Capital Preservation Fund 13,221 Total plan assets $ 137,141 FAIR VALUE MEASUREMENTS AT APRIL 30, 2016 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 10 $ 10 $ — $ — Equity Funds: Mutual Fund Equity 61,338 61,338 — — Fixed Income Funds: Mutual Fund Tax Income 27,681 27,681 — — Plan assets measured at net asset value 1 89,029 89,029 — — Common Collective Funds: Capital Preservation Fund 17,936 Total plan assets $ 106,965 1
Schedule Of Allocation Of Plan Assets	The Company’s pension plans’ weighted-average asset allocations at April 30, 2017 and 2016, by asset category, were as follows: PLAN ASSET ALLOCATION 2017 2017 2016 APRIL 30 TARGET ACTUAL ACTUAL Equity Funds 57.0 % 57.0 % 57.0 % Fixed Income Funds 43.0 % 43.0 % 43.0 % Total 100.0 % 100.0 % 100.0 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
Schedule Of Income Tax Expense	Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2017 2016 2015 CURRENT EXPENSE Federal $ 23,638 $ 18,239 $ 12,663 State 4,189 3,195 1,890 Total current expense 27,827 21,434 14,553 DEFERRED EXPENSE Federal 8,607 10,179 3,024 State 1,292 1,450 1,311 Total deferred expense 9,899 11,629 4,335 Total expense 37,726 33,063 18,888 Other comprehensive income (loss) 4,391 (4,110 ) (9,510 ) Total comprehensive income tax expense $ 42,117 $ 28,953 $ 9,378
Schedule Of Effective Income Tax Rate Reconciliation	The Company's effective income tax rate varied from the federal statutory rate as follows: FISCAL YEARS ENDED APRIL 30 2017 2016 2015 Federal statutory rate 35.0 % 35.0 % 35.0 % Effect of: Research and experimentation tax credit (0.2 )% — % (2.3 )% Stock Compensation (1.3 ) — — Meals and entertainment 0.3 0.3 0.5 Domestic production deduction (2.2 ) (2.5 ) (2.4 ) Other (0.3 ) (0.1 ) 0.1 Total (3.7 )% (2.3 )% (4.1 )% Effective federal income tax rate 31.3 % 32.7 % 30.9 % State income taxes, net of federal tax effect 3.3 3.3 3.8 Effective income tax rate 34.6 % 36.0 % 34.7 %
Schedule Of Significant Components Of Deferred Tax Assets And Liabilities	The significant components of deferred tax assets and liabilities were as follows: APRIL 30 (in thousands) 2017 2016 Deferred tax assets: Pension benefits $ 8,852 $ 24,930 Accounts receivable 6,938 5,981 Product liability 1,272 1,141 Employee benefits 7,914 7,101 State tax credit carryforwards 4,083 4,867 Other 862 353 Gross deferred tax assets, before valuation allowance 29,921 44,373 Valuation allowance (2,446 ) (3,061 ) Gross deferred tax assets, after valuation allowance 27,475 41,312 Deferred tax liabilities: Inventory 297 440 Depreciation 9,131 8,298 9,428 8,738 Net deferred tax asset $ 18,047 $ 32,574

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Apr. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Reconciliation Of Warranty Liability	The following is a reconciliation of the Company’s warranty liability: APRIL 30 (in thousands) 2017 2016 PRODUCT WARRANTY RESERVE Beginning balance $ 2,926 $ 2,643 Accrual for warranties 18,552 16,279 Settlements (18,216 ) (15,996 ) Ending balance at fiscal year end $ 3,262 $ 2,926
Schedule Of Minimum Rental Requirements	Minimum rental commitments as of April 30, 2017, under noncancelable leases with terms in excess of one year are as follows: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2018 $ 2,884 $ 1,796 2019 1,258 1,401 2020 937 1,167 2021 602 863 2022 119 672 2023 (and thereafter) 16 1,490 $ 5,816 $ 7,389 Less amounts representing interest (2% - 6.5%) (541 ) Total obligations under capital leases $ 6,848

Credit Concentration (Tables)

Credit Concentration (Tables)	12 Months Ended
	Apr. 30, 2017
Risks and Uncertainties [Abstract]
Summary Of Percentage Of Sales	The following table summarizes the percentage of sales to the Company's two largest customers for the last three fiscal years: PERCENT OF ANNUAL GROSS SALES 2017 2016 2015 Customer A 20.7% 23.9% 26.5% Customer B 16.5% 17.2% 18.6%

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Apr. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Of Assets On Recurring Basis	The following table summarizes the fair value of assets that are recorded in the Company’s consolidated financial statements as of April 30, 2017 and 2016 at fair value on a recurring basis: FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2017 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Money market funds $ 50,146 $ — $ — Mutual funds 1,038 — — Certificates of deposit 72,250 — — Total assets at fair value $ 123,434 $ — $ — FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2016 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Money market funds $ 30,490 $ — $ — Mutual funds 998 — — Certificates of deposit 47,500 — — Total assets at fair value $ 78,988 $ — $ —

Quarterly Financial Data (Una36

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Apr. 30, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule Of Quarterly Financial Information	FISCAL 2017 07/31/16 10/31/2016 01/31/17 04/30/17 (in thousands, except per share amounts) Net sales $ 258,150 $ 264,076 $ 249,285 $ 258,737 Gross profit 59,317 56,152 51,596 57,571 Income before income taxes 31,960 28,430 21,773 26,762 Net income 21,661 17,637 14,553 17,348 Earnings per share Basic $ 1.33 $ 1.08 $ 0.90 $ 1.07 Diluted $ 1.32 $ 1.07 $ 0.89 $ 1.06 FISCAL 2016 07/31/15 10/31/2015 01/31/16 04/30/16 (in thousands, except per share amounts) Net sales $ 231,198 $ 256,292 $ 218,632 $ 240,923 Gross profit 50,173 56,052 44,598 48,871 Income before income taxes 23,721 28,533 18,683 20,849 Net income 15,158 18,180 12,013 13,372 Earnings per share Basic $ 0.94 $ 1.12 $ 0.74 $ 0.82 Diluted $ 0.92 $ 1.10 $ 0.73 $ 0.81

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Apr. 30, 2017USD ($)plan	Apr. 30, 2016USD ($)	Apr. 30, 2015USD ($)
Summary Of Significant Accounting Policies [Line Items]
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount	$ 1,300,000
Advertising costs	41,000,000	$ 38,100,000	$ 34,300,000
Cash equivalents	50,100,000	34,000,000
Impairment of long-lived assets	$ 0	0	0
Number of defined benefit pension plans | plan	2
Cash flows from operating activities	$ 77,080,000	74,604,000	60,164,000
Cash flows from financing activities	$ (20,821,000)	(8,909,000)	10,283,000
ASU 2016-09, Statutory Tax Withholding Component [Member]
Summary Of Significant Accounting Policies [Line Items]
Cash flows from operating activities		2,800,000	1,400,000
Cash flows from financing activities		(2,800,000)	(1,400,000)
Buildings And Improvements [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	15 years
Buildings And Improvements [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	30 years
Machinery And Equipment [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	3 years
Machinery And Equipment [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	10 years
Promotional Display [Member]
Summary Of Significant Accounting Policies [Line Items]
Amortization	$ 3,400,000	3,400,000	$ 3,600,000
Promotional Display [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	30 months
Promotional Display [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	36 months
Long-term Debt [Member] | ASU 2015-03 [Member]
Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs		(300,000)
Other Noncurrent Assets [Member] | ASU 2015-03 [Member]
Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs		$ (300,000)

Customer Receivables (Component

Customer Receivables (Components Of Customer Receivables) (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
Receivables [Abstract]
Gross customer receivables	$ 66,373	$ 58,593
Allowance for doubtful accounts	(148)	(171)
Allowance for returns and discounts	(3,110)	(2,609)
Net customer receivables	$ 63,115	$ 55,813

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 18,230	$ 17,634
Work-in-process	18,704	18,414
Finished goods	19,372	17,475
Total FIFO inventories	56,306	53,523
Reserve to adjust inventories to LIFO value	(13,447)	(14,204)
Total LIFO inventories	$ 42,859	$ 39,319

Property, Plant and Equipment40

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 324,007	$ 308,405
Less accumulated amortization and depreciation	(216,074)	(209,073)
Property, Plant and Equipment, Net, Total	107,933	99,332
Amortization and depreciation expense on property, plant and equipment	14,200	11,600	$ 9,500
Accumulated amortization on capital leases	29,700	29,600
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,581	2,311
Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	81,172	80,042
Building And Improvements - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,202	11,202
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	187,836	182,937
Machinery And Equipment - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	29,378	29,357
Construction In Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 10,838	$ 2,556

Loans Payable and Long-Term D41

Loans Payable and Long-Term Debt (Narrative) (Details)	Jan. 25, 2016USD ($)	Apr. 30, 2016USD ($)	Apr. 30, 2017USD ($)	Apr. 30, 2016USD ($)	Apr. 30, 2015USD ($)	Dec. 31, 2005loan	Apr. 30, 2015USD ($)lease	Apr. 30, 2017USD ($)lease
Debt Instrument [Line Items]
LIBOR rate			0.995%					0.995%
Spread on interest rate			1.50%
Required maximum ratio of total liabilities to tangible net worth under agreement			140.00%
Required minimum ratio of cash flow to fixed charges under agreement			150.00%
Ratio of total liabilities to tangible net worth			42.00%
Ratio cash flow to fixed charges			494.00%
Debt, outstanding balance			$ 16,877,000					$ 16,877,000
New Markets Tax Credit Investment	$ 2,300,000
New Markets Tax Credit, Recapture Period	7 years
Interest paid under agreement and capital leases			600,000	$ 500,000	$ 500,000
Notes Payable to Banks [Member]
Debt Instrument [Line Items]
LIBOR rate	1.20%
Loan agreement amount	$ 6,600,000
Loan term	30 years
Debt issuance costs	$ 300,000
Deferred Finance Costs, Amortization Period	30 years
Other Noncurrent Assets [Member]
Debt Instrument [Line Items]
Notes, Loans and Financing Receivable, Net, Noncurrent	$ 4,300,000
Long-term Debt [Member]
Debt Instrument [Line Items]
Amount drawn on loan		$ 3,200,000	$ 5,900,000	3,200,000				5,900,000
Eligible Accounts Receivable [Member]
Debt Instrument [Line Items]
Advanced rate			75.00%
Eligible Pre Bill Reserves [Member]
Debt Instrument [Line Items]
Advanced rate			50.00%
Equipment Value [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 20,000,000					$ 20,000,000
Board Of County Commissioners Of Garrett County [Member]
Debt Instrument [Line Items]
Fixed interest rate			3.00%					3.00%
Value of land and associated site improvements			$ 3,500,000					$ 3,500,000
Accrued interest			$ 1,600,000					$ 1,600,000
Board Of County Commissioners Of Garrett County [Member] | Other Income (Expense) [Member]
Debt Instrument [Line Items]
Loss on loan settlement		(1,900,000)
Allegany County, Maryland Site [Member]
Debt Instrument [Line Items]
Fixed interest rate			3.00%					3.00%
Debt, outstanding balance			$ 2,200,000					$ 2,200,000
Number of loan agreements | loan						2
First American Financial Bancorp [Member]
Debt Instrument [Line Items]
Number of capitalized lease agreements | lease								22
Capital lease obligations incurred								$ 3,500,000
Capital lease term			48 months
Capital lease agreement		1,100,000	$ 1,400,000	1,100,000				1,400,000
e-Plus Group [Member]
Debt Instrument [Line Items]
Number of capitalized lease agreements | lease							21
Capital lease obligations incurred							$ 2,300,000
Capital lease term							51 months
Capital lease agreement			$ 1,000,000					$ 1,000,000
West Virginia Economic Development Authority [Member]
Debt Instrument [Line Items]
Fixed interest rate			2.00%					2.00%
Debt, outstanding balance		5,000,000	$ 4,400,000	5,000,000				$ 4,400,000
Capital lease agreement			$ 10,000,000					$ 10,000,000
West Virginia Economic Development Authority [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			3.00%					3.00%
West Virginia Economic Development Authority, Originated in 2015 [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Loan agreement amount			$ 1,500,000					$ 1,500,000
West Virginia Economic Development Authority, Originated in 2016 [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Loan agreement amount			800,000					800,000
Wells Fargo [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			35,000,000					35,000,000
Amount oustanding		$ 10,000,000	$ 0	$ 10,000,000				$ 0
Minimum [Member] | First American Financial Bancorp [Member]
Debt Instrument [Line Items]
Market interest rate			3.50%					3.50%
Minimum [Member] | e-Plus Group [Member]
Debt Instrument [Line Items]
Market interest rate			3.50%					3.50%
Maximum [Member] | First American Financial Bancorp [Member]
Debt Instrument [Line Items]
Market interest rate			6.50%					6.50%
Maximum [Member] | e-Plus Group [Member]
Debt Instrument [Line Items]
Market interest rate			6.50%					6.50%

Loans Payable and Long-Term D42

Loans Payable and Long-Term Debt (Schedule Of Debt Maturities) (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
Debt Instrument [Line Items]
2,018	$ 1,580
2,019	3,440
2,020	1,064
2,021	793
2,022	618
2023 and thereafter	9,382
Total	16,877
Less current maturities	(1,598)	$ (1,574)
Total long-term debt	15,279	$ 22,145
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
2,018	0
2,019	2,189
2,020	0
2,021	0
2,022	0
2023 and thereafter	2,250
Total	4,439
Economic Development Loans [Member]
Debt Instrument [Line Items]
2,018	1,598
2,019	1,268
2,020	1,081
2,021	810
2,022	635
2023 and thereafter	1,456
Total	6,848
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
2,018	0
2,019	0
2,020	0
2,021	0
2,022	0
2023 and thereafter	5,925
Total	5,925
Other Long-term Debt [Member]
Debt Instrument [Line Items]
2,018	18
2,019	17
2,020	17
2,021	17
2,022	17
2023 and thereafter	249
Total	$ 335

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Earnings (Loss) Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 17,348	$ 14,553	$ 17,637	$ 21,661	$ 13,372	$ 12,013	$ 18,180	$ 15,158	$ 71,199	$ 58,723	$ 35,499
Denominator for basic earnings per common share - weighted-average shares									16,259	16,256	15,764
Stock options and restricted stock units									139	186	273
Denominator for diluted earnings (loss) per common share - weighted-average shares and assumed conversions									16,398	16,442	16,037
Net earnings per share, Basic (usd per share)	$ 1.07	$ 0.90	$ 1.08	$ 1.33	$ 0.82	$ 0.74	$ 1.12	$ 0.94	$ 4.38	$ 3.61	$ 2.25
Net earnings per share, Diluted (usd per share)	$ 1.06	$ 0.89	$ 1.07	$ 1.32	$ 0.81	$ 0.73	$ 1.10	$ 0.92	$ 4.34	$ 3.57	$ 2.21

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Earnings Per Share [Abstract]
Potentially dilutive shares	0	0	100,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2017USD ($)planawardshares	Apr. 30, 2016USD ($)	Apr. 30, 2015USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock-based compensation plans | award	2
Stock-based compensation expense, before income taxes	$ 3,469	$ 3,609	$ 3,497
Number of stock incentive plans | plan	4
Shares available for awards | shares	881,010
Contractual terms, years	1 year 4 months 24 days
Vesting period, years	3 years
Total fair value of options vested	$ 600	700	700
Total unrecognized compensation expense related to unvested stock options granted	$ 200
Expected to be recognized over a weighted average period	1 year
Cash received from options exercised	$ 2,400	8,100	14,300
Tax benefit realized from the tax deduction from option exercises	1,000	4,300	2,800
Accrued compensation and related expenses	$ 36,162	35,389
Non Employee Directors [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual terms, years	4 years
Non Employee Directors [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual terms, years	10 years
Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual terms, years	10 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years
Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual terms, years	10 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years
Total unrecognized compensation expense related to unvested stock options granted	$ 3,400
Expected to be recognized over a weighted average period	1 year 7 months 6 days
Employee And Non Employee Director Service Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	2 years
Performance-Based Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for grants | shares	5,136
Service-Based Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for grants | shares	2,804
Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, before income taxes	$ 800	800	$ 400
Vesting period, years	3 years
Accrued compensation and related expenses	$ 1,500	$ 1,200

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Weighted Average Assumptions And Valuation Of Stock Options) (Details) - $ / shares	12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted-average fair value of grants	$ 18.59	$ 9.25
Expected volatility	29.80%	27.40%
Expected term in years	5 years 9 months 18 days	5 years 10 months 24 days
Risk-free interest rate	2.16%	2.19%
Expected dividends yield	0.00%	0.00%

Stock-Based Compensation (Sch47

Stock-Based Compensation (Schedule Of Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Oustanding number of options, Beginning Balance	126,633	398,075	851,314
Options granted	0	30,700	66,600
Options exercised	(71,715)	(287,975)	(508,639)
Options cancelled or expired	0	(14,167)	(11,200)
Oustanding number of options ending balance	54,918	126,633	398,075	851,314
Remaining contractual term outstanding	5 years 7 months 6 days	5 years 9 months 18 days	5 years	4 years 3 months 18 days
Remaining contractual term, granted		9 years 1 month 6 days	9 years 1 month 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Exercise price, beginning	$ 35.15	$ 28.46	$ 28.16
Exercise price, granted	0	57.11	29.92
Exercise price, exercised	33	27.99	28.05
Exercise price, cancelled or expired	0	40.43	32.64
Exercise price, ending	$ 37.95	$ 35.15	$ 28.46	$ 28.16
Aggregate intrinsic value outstanding, beginning balance	$ 4,773	$ 8,851	$ 3,121
Aggregate intrinsic value, exercised	2,597	11,089	7,209
Aggregate intrinsic value outstanding, ending balance	$ 2,963	$ 4,773	$ 8,851	$ 3,121
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract]
Vested and expected to vest in the future, Number of options	52,283
Vested and expected to vest in the future, Remaining contractual term	5 years 6 months
Vested and expected to vest in the future, Exercise price	$ 37.76
Vested and expected to vest in the future, Aggregate intrinsic value	$ 2,830
Exercisable, Number of options	17,949
Exercisable, Remaining contractual term	1 year 4 months 24 days
Exercisable, Exercise price	$ 28.13
Exercisable, Aggregate intrinsic value	$ 1,145

Stock-Based Compensation (Sch48

Stock-Based Compensation (Schedule Of Stock Options Oustanding Activity) (Details)	12 Months Ended
	Apr. 30, 2017$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding | shares	54,918
Options exercisable | shares	17,949
$22.77 - $23.96 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Option price per share, lower range limit	$ 22.77
Option price per share, upper range limit	$ 23.96
Options outstanding | shares	11,750
Options outstanding remaining life	1 year 2 months 12 days
Options outstanding exercise price	$ 23.45
Options exercisable | shares	11,750
Options exercisable exercise price	$ 23.45
$29.92- $34.11 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Option price per share, lower range limit	29.92
Option price per share, upper range limit	$ 34.11
Options outstanding | shares	24,533
Options outstanding remaining life	5 years 8 months 12 days
Options outstanding exercise price	$ 30.34
Options exercisable | shares	4,966
Options exercisable exercise price	$ 32.02
$57.11 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Option price per share, lower range limit	57.11
Option price per share, upper range limit	$ 57.11
Options outstanding | shares	18,635
Options outstanding remaining life	8 years 1 month 6 days
Options outstanding exercise price	$ 57.11
Options exercisable | shares	1,233
Options exercisable exercise price	$ 57.11

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of RSU's Activity) (Details) - $ / shares	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Employee Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Issued and outstanding, beginning balance	140,767	210,944	235,795
Granted	36,058	48,201	79,500
Cancelled due to non-achievement of performance goals	(4,270)	(19,657)	(16,218)
Settled in common stock	(45,509)	(89,665)	(79,407)
Forfeited	(1,979)	(9,056)	(8,726)
Issued and outstanding, ending balance	125,067	140,767	210,944
Serviced-Based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Issued and outstanding, beginning balance	75,712	103,850	123,375
Granted	25,322	22,349	40,100
Cancelled due to non-achievement of performance goals	0	0	0
Settled in common stock	(32,300)	(46,950)	(54,861)
Forfeited	(1,280)	(3,537)	(4,764)
Issued and outstanding, ending balance	67,454	75,712	103,850
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Issued and outstanding, beginning balance	216,479	314,794	359,170
Granted	61,380	70,550	119,600
Cancelled due to non-achievement of performance goals	(4,270)	(19,657)	(16,218)
Settled in common stock	(77,809)	(136,615)	(134,268)
Forfeited	(3,259)	(12,593)	(13,490)
Issued and outstanding, ending balance	192,521	216,479	314,794
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning balance	$ 40.88	$ 27.15	$ 22.79
Weighted average grant date fair value, Awarded	66.58	57.83	30.82
Weighted average grant date fair value, cancelled due to non-achievement of performance goals	64.55	29.92	36.18
Weighted average grant date fair value, settled in common shares	37.09	19.57	17.45
Weighted average grant date fair value, forfeited	49.40	40.99	27.78
Weighted average grant date fair value, ending balance	$ 50.09	$ 40.88	$ 27.15

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock-Based Compensation Expense Allocated) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 3,469	$ 3,609	$ 3,497
Cost Of Sales And Distribution [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	665	608	518
Selling And Marketing Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	1,066	1,079	954
General And Administrative Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 1,738	$ 1,922	$ 2,025

Employee Benefit and Retireme51

Employee Benefit and Retirement Plans (Narrative) (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2017USD ($)plan	Apr. 30, 2016USD ($)	Apr. 30, 2015USD ($)
Defined Benefit Plan Disclosure [Line Items]
Recognized expenses for profit-sharing contributions	$ 3,600	$ 2,900	$ 1,800
401(k) contributions, percent match of employee's annual contribution			100.00%
Effective maximum contribution of base earnings			4.00%
Expense for 401(k) matching contributions	$ 7,200	6,600	$ 5,600
Number of defined benefit pension plans | plan	2
Accumulated other comprehensive loss	$ 66,300
Accumulated other comprehensive loss, net of tax	40,417	47,285
Expected recognized net actuarial losses in net periodic pension benefit cost, before tax	1,600
Expected recognized net actuarial losses in net periodic pension benefit cost, after tax	1,000
Accumulated benefit obligation	165,200	174,100
Expected company contributions to pension plan in 2015	5,700
Company contributions	$ 27,304	$ 5,016
Plan asset actual allocation	100.00%	100.00%
Capital Preservation [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset actual allocation	10.00%
Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset actual allocation	33.00%
Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset actual allocation	57.00%	57.00%
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent of after tax earnings contributed in profit sharing	0.00%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent of after tax earnings contributed in profit sharing	5.00%
American Woodmark Investment Savings Stock Ownership Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, minimum age requirement	18 years
Defined contribution plan, minimum consecutive months employed requirement	6 months

Employee Benefit and Retireme52

Employee Benefit and Retirement Plans (Reconciliation Of Benefit Obligations, Plan Assets, And Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Projected benefit obligation at beginning of year	$ 174,096	$ 169,986
Interest cost	5,772	7,014	$ 6,466
Acturial (gains) and losses	(4,672)	1,921
Benefits paid	(10,023)	(4,825)
Projected benefit obligation at end of year	165,173	174,096	169,986
Fair value of plan assets at beginning of year	106,965	108,661
Actual return on plan assets	12,895	(1,887)
Company contributions	27,304	5,016
Benefits paid	(10,023)	(4,825)
Fair value of plan assets at end of year	137,141	106,965	$ 108,661
Funded status of the plan	(28,032)	(67,131)
Unrecognized net actuarial loss	66,255	77,514
Prepaid (accrued) benefit cost	$ 38,223	$ 10,383

Employee Benefit and Retireme53

Employee Benefit and Retirement Plans (Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Interest cost	$ 5,772	$ 7,014	$ 6,466
Expected return on plan assets	(8,079)	(8,142)	(7,666)
Recognized net actuarial loss	1,771	1,412	865
Pension benefit cost	$ (536)	$ 284	$ (335)

Employee Benefit and Retireme54

Employee Benefit and Retirement Plans (Schedule Of Assumptions Used To Determine Benenfit Obligations And Earnings Effects For Pension Plans) (Details)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.12%	4.06%
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.06%	4.19%	4.56%
Expected return on plan assets	7.50%	7.50%	7.50%

Employee Benefit and Retireme55

Employee Benefit and Retirement Plans (Schedule Of Expected Future Benefit Payments) (Details) $ in Thousands	Apr. 30, 2017USD ($)
Compensation and Retirement Disclosure [Abstract]
2,018	$ 5,998
2,019	6,363
2,020	6,716
2,021	7,111
2,022	7,461
Years 2023-2027	$ 42,474

Employee Benefit and Retireme56

Employee Benefit and Retirement Plans (Schedule Of Pension Assets By Major Category Of Plan Assets And Type Of Fair Value Measurements) (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	$ 123,920	$ 89,029
Plan investment assets, at fair value	137,141	106,965	$ 108,661
QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	123,920	89,029
SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	295	10
Cash and Cash Equivalents [Member] | QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	295	10
Cash and Cash Equivalents [Member] | SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Cash and Cash Equivalents [Member] | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Mutual Fund Equity [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	78,335	61,338
Mutual Fund Equity [Member] | QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	78,335	61,338
Mutual Fund Equity [Member] | SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Mutual Fund Equity [Member] | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Mutual Fund Income Tax [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	45,290	27,681
Mutual Fund Income Tax [Member] | QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	45,290	27,681
Mutual Fund Income Tax [Member] | SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Mutual Fund Income Tax [Member] | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0	0
Capital Preservation Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan investment assets, at fair value	$ 13,221	$ 17,936

Employee Benefit and Retireme57

Employee Benefit and Retirement Plans (Schedule Of Allocation Of Plan Assets) (Details)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	100.00%
Plan asset actual allocation	100.00%	100.00%
Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	57.00%
Plan asset actual allocation	57.00%	57.00%
Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	43.00%
Plan asset actual allocation	43.00%	43.00%

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
CURRENT EXPENSE
Federal	$ 23,638	$ 18,239	$ 12,663
State	4,189	3,195	1,890
Total current expense	27,827	21,434	14,553
DEFERRED EXPENSE
Federal	8,607	10,179	3,024
State	1,292	1,450	1,311
Total deferred expense	9,899	11,629	4,335
Total expense	37,726	33,063	18,888
Other comprehensive income (loss)	4,391	(4,110)	(9,510)
Total comprehensive income tax expense	$ 42,117	$ 28,953	$ 9,378

Income Taxes (Schedule Of Effec

Income Taxes (Schedule Of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Income Tax Disclosure [Abstract]
Federal statutory rate	35.00%	35.00%	35.00%
Research and experimentation tax credit	(0.20%)	(0.00%)	(2.30%)
Stock Compensation	(1.30%)	0.00%	0.00%
Meals and entertainment	0.30%	0.30%	0.50%
Domestic production deduction	(2.20%)	(2.50%)	(2.40%)
Other	(0.30%)	(0.10%)	0.10%
Total	(3.70%)	(2.30%)	(4.10%)
Effective federal income tax rate	31.30%	32.70%	30.90%
State income taxes, net of federal tax effect	3.30%	3.30%	3.80%
Effective income tax rate	34.60%	36.00%	34.70%
Income taxes paid	$ 27.3	$ 24.5	$ 13.3

Income Taxes (Schedule Of Signi

Income Taxes (Schedule Of Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
Deferred tax assets:
Pension benefits	$ 8,852	$ 24,930
Accounts receivable	6,938	5,981
Product liability	1,272	1,141
Employee benefits	7,914	7,101
Other	862	353
Gross deferred tax assets, before valuation allowance	29,921	44,373
Valuation allowance	(2,446)	(3,061)
Gross deferred tax assets, after valuation allowance	27,475	41,312
Deferred tax liabilities:
Inventory	297	440
Depreciation	9,131	8,298
Total	9,428	8,738
Net deferred tax asset	18,047	32,574
State [Member]
Deferred tax assets:
State tax credit carryforwards	$ 4,083	$ 4,867

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - State [Member] - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Tax Credit Carryforward [Line Items]
Gross amount of state tax credit carryforwards	$ 6.1	$ 5.8
Net deferred tax assets related to tax credit carryforwards	1.6	1.8
Other Liabilities [Member]
Tax Credit Carryforward [Line Items]
Net deferred tax assets related to tax credit carryforwards	1.5	$ 1.8
Investment Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Decrease in valuation allowance	$ (0.6)

Commitments and Contingencies62

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Commitments And Contingencies [Line Items]
Warranty claims, period from original ship date	2 months
Total rental expenses	$ 10.9	$ 9.8	$ 8.8
Significant Shareholders [Member]
Commitments And Contingencies [Line Items]
Rent agreement term	5 years
Reltaed party rent expense	$ 0.5	$ 0.5	$ 0.5
Rent expense from remaining term	$ 0.5

Commitments and Contingencies63

Commitments and Contingencies (Reconciliation Of Warranty Liability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 2,926	$ 2,643
Accrual for warranties	18,552	16,279
Settlements	(18,216)	(15,996)
Ending balance at fiscal year end	$ 3,262	$ 2,926

Commitments and Contingencies64

Commitments and Contingencies (Schedule Of Minimum Rental Requirements) (Details) $ in Thousands	Apr. 30, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,018	$ 2,884
2,019	1,258
2,020	937
2,021	602
2,022	119
2023 (and thereafter)	16
Total, Operating	5,816
Capital Leases, Future Minimum Payments, Net Present Value [Abstract]
2,018	1,796
2,019	1,401
2,020	1,167
2,021	863
2,022	672
2023 (and thereafter)	1,490
Total, Capital	7,389
Less amounts representing interest (2%)	(541)
Total obligations under capital leases	$ 6,848
Minimum [Member]
Capital Leased Assets [Line Items]
Capital leases, interest rate, effective percentage	2.00%
Maximum [Member]
Capital Leased Assets [Line Items]
Capital leases, interest rate, effective percentage	6.50%

Credit Concentration (Details)

Credit Concentration (Details)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Accounts Receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	8.20%	12.40%
Accounts Receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	20.70%	21.00%
Sales Revenue, Gross [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	20.70%	23.90%	26.50%
Sales Revenue, Gross [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	16.50%	17.20%	18.60%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Of Assets On Recurring Basis) (Details) - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 123,434	$ 78,988
LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Money Market Funds [Member] | LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	50,146	30,490
Money Market Funds [Member] | LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Money Market Funds [Member] | LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Mutual Funds [Member] | LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	1,038	998
Mutual Funds [Member] | LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Mutual Funds [Member] | LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Certificates of Deposit [Member] | LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	72,250	47,500
Certificates of Deposit [Member] | LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Certificates of Deposit [Member] | LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 0	$ 0

Quarterly Financial Data (Una67

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 258,737	$ 249,285	$ 264,076	$ 258,150	$ 240,923	$ 218,632	$ 256,292	$ 231,198	$ 1,030,248	$ 947,045	$ 825,465
Gross profit	57,571	51,596	56,152	59,317	48,871	44,598	56,052	50,173	224,636	199,694	152,532
Income before income taxes	26,762	21,773	28,430	31,960	20,849	18,683	28,533	23,721	108,925	91,786	54,387
Net income	$ 17,348	$ 14,553	$ 17,637	$ 21,661	$ 13,372	$ 12,013	$ 18,180	$ 15,158	$ 71,199	$ 58,723	$ 35,499
Earnings per share
Basic (usd per share)	$ 1.07	$ 0.90	$ 1.08	$ 1.33	$ 0.82	$ 0.74	$ 1.12	$ 0.94	$ 4.38	$ 3.61	$ 2.25
Diluted (usd per share)	$ 1.06	$ 0.89	$ 1.07	$ 1.32	$ 0.81	$ 0.73	$ 1.10	$ 0.92	$ 4.34	$ 3.57	$ 2.21

Schedule II - Valuation and Q68

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Allowance for Doubtful Accounts [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 171	$ 173	$ 102
Additions (Reductions) Charged to Cost and Expenses	200	108	184
Other	0	0	0
Deductions	(223)	(110)	(113)
Balance at End of Year	148	171	173
Reserve for Cash Discounts [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	827	746	727
Additions (Reductions) Charged to Cost and Expenses	10,027	9,570	8,859
Other	0	0	0
Deductions	(9,875)	(9,489)	(8,840)
Balance at End of Year	979	827	746
Reserve for Sales Returns and Allowances [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	1,782	1,594	1,639
Additions (Reductions) Charged to Cost and Expenses	7,962	7,833	7,326
Other	0	0	0
Deductions	(7,613)	(7,645)	(7,371)
Balance at End of Year	$ 2,131	$ 1,782	$ 1,594