American Woodmark (AMWD) 10-K 29 Jun 20 2020 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Apr. 30, 2020	Jun. 19, 2020	Oct. 31, 2019
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Apr. 30, 2020
Document Transition Report	false
Entity File Number	000-14798
Entity Registrant Name	American Woodmark Corporation
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-1138147
Entity Address, Address Line One	561 Shady Elm Road,
Entity Address, City or Town	Winchester,
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22602
City Area Code	540
Local Phone Number	665-9100
Title of 12(g) Security	Common Stock
Trading Symbol	AMWD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 1,662,345,906
Entity Common Stock, Shares Outstanding		16,942,569
Documents Incorporated by Reference [Text Block]	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s definitive Proxy Statement for the Annual Meeting of Shareholders to be held on August 20, 2020 (“Proxy Statement”) are incorporated by reference into Part III of this Form 10-K.
Entity Central Index Key	0000794619
Current Fiscal Year End Date	--04-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Current Assets
Cash and cash equivalents	$ 97,059	$ 57,656
Investments - certificates of deposit	0	1,500
Customer receivables, net	106,344	125,901
Inventories	111,836	108,528
Income taxes receivable	0	1,009
Prepaid expenses and other	9,933	11,441
Total Current Assets	325,172	306,035
Property, plant and equipment, net	203,824	208,263
Operating lease right-of-use assets	127,668
Finite-Lived Intangible Assets [Line Items]
Goodwill, net	767,612	767,612
Promotional displays, net	13,966	13,058
Deferred income taxes	915	773
Other assets	13,983	15,524
TOTAL ASSETS	1,622,806	1,529,931
Current Liabilities
Accounts payable	56,342	61,277
Current maturities of long-term debt	2,216	2,286
Short-term lease liability - operating	18,896
Accrued compensation and related expenses	49,064	54,906
Accrued marketing expenses	12,361	12,979
Other accrued expenses	16,727	18,142
Total Current Liabilities	155,606	149,590
Long-term debt, less current maturities	594,921	689,205
Deferred income taxes	52,935	64,749
Long-term lease liability - operating	112,454
Other long-term liabilities	6,352	6,034
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, 2020: 16,926,537, at April 30, 2019: 16,849,026	359,430	352,424
Retained earnings	392,281	317,420
Accumulated other comprehensive loss -
Defined benefit pension plans	(51,173)	(49,491)
Total Shareholders' Equity	700,538	620,353
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,622,806	1,529,931
Customer relationships intangibles, net
Finite-Lived Intangible Assets [Line Items]
Intangibles, net	167,444	213,111
Trademarks, net
Finite-Lived Intangible Assets [Line Items]
Intangibles, net	$ 2,222	$ 5,555

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 30, 2020	Apr. 30, 2019
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	16,926,537	16,849,026
Common stock, shares outstanding	16,926,537	16,849,026

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Income Statement [Abstract]
Net sales	$ 1,650,333	$ 1,645,319	$ 1,250,274
Cost of sales and distribution	1,321,147	1,298,846	994,871
Gross Profit	329,186	346,473	255,403
Selling and marketing expenses	83,608	89,875	77,843
General and administrative expenses	113,334	112,917	69,855
Restructuring charges, net	(18)	1,987	0
Operating Income	132,262	141,694	107,705
Interest expense, net	29,027	35,652	13,054
Other (income) expense, net	2,687	(4,846)	(109)
Income Before Income Taxes	100,548	110,888	94,760
Income tax expense	25,687	27,200	31,619
Net Income	$ 74,861	$ 83,688	$ 63,141
Earnings per share
Basic (usd per share)	$ 4.43	$ 4.84	$ 3.80
Diluted (usd per share)	$ 4.42	$ 4.83	$ 3.77

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 74,861	$ 83,688	$ 63,141
Other comprehensive income (loss) net of tax:
Change in pension benefits, net of deferred taxes of $(573), $190 and $50, respectively	(1,682)	(422)	88
Total Comprehensive Income	$ 73,179	$ 83,266	$ 63,229

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Statement of Comprehensive Income [Abstract]
Other comprehensive income (loss)	$ (573)	$ 190	$ 50

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, 2017		16,232,775
Beginning Balance at Apr. 30, 2017	$ 352,449	$ 168,835	$ 224,031	$ (40,417)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	63,141		63,141
Other comprehensive income (loss), net of tax	88			88
Stock-based compensation	$ 3,097	$ 3,097
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	36,950	86,927
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ (1,513)	$ (1,513)
Stock issuance related to acquisition, shares		1,457,568
Stock issuance related to acquisition	189,849	$ 189,849
Stock repurchases, shares		(309,612)
Stock repurchases	(29,000)	$ (2,664)	(26,336)
Employee benefit plan contributions, shares		36,264
Employee benefit plan contributions	3,554	$ 3,554
Ending Balance, Shares at Apr. 30, 2018		17,503,922
Ending Balance at Apr. 30, 2018	581,665	$ 361,158	269,576	(49,069)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	83,688		83,688
Other comprehensive income (loss), net of tax	(422)			(422)
Stock-based compensation	$ 3,040	$ 3,040
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	12,801	48,928
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ (1,241)	$ (1,241)
Stock repurchases, shares		(745,232)
Stock repurchases	(50,000)	$ (14,156)	(35,844)
Employee benefit plan contributions, shares		41,408
Employee benefit plan contributions	$ 3,623	$ 3,623
Ending Balance, Shares at Apr. 30, 2019	16,849,026	16,849,026
Ending Balance at Apr. 30, 2019	$ 620,353	$ 352,424	317,420	(49,491)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	74,861		74,861
Other comprehensive income (loss), net of tax	(1,682)			(1,682)
Stock-based compensation	$ 3,989	$ 3,989
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares	5,167	31,790
Exercise of stock-based compensation awards, net of amounts withheld for taxes	$ (755)	$ (755)
Employee benefit plan contributions, shares		45,721
Employee benefit plan contributions	$ 3,772	$ 3,772
Ending Balance, Shares at Apr. 30, 2020	16,926,537	16,926,537
Ending Balance at Apr. 30, 2020	$ 700,538	$ 359,430	$ 392,281	$ (51,173)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
OPERATING ACTIVITIES
Net income	$ 74,861,000	$ 83,688,000	$ 63,141,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation and amortization	98,513,000	94,446,000	45,004,000
Net loss on disposal of property, plant and equipment	2,629,000	1,973,000	615,000
Reduction in carrying amount of operating lease right-of-use assets	25,405,000
Amortization of debt issuance costs	2,603,000	2,724,000	0
Unrealized loss on foreign exchange forward contracts	1,102,000	0	0
Gain on sales of assets held for sale	0	0	257,000
Gain on insurance recoveries	0	(580,000)	0
Stock-based compensation expense	3,989,000	3,040,000	3,097,000
Deferred income taxes	(11,499,000)	(7,805,000)	21,404,000
Pension contributions in excess of expense	(1,130,000)	(7,875,000)	(20,928,000)
Excess tax benefit from stock-based compensation	0	(5,266,000)	0
Contributions of employer stock to employee benefit plan	3,772,000	3,623,000	3,554,000
Other non-cash items	672,000	916,000	14,000
Changes in operating assets and liabilities:
Customer receivables	21,018,000	9,719,000	(18,786,000)
Inventories	(4,486,000)	(4,852,000)	2,802,000
Income taxes receivable	1,162,000	26,357,000	(7,295,000)
Prepaid expenses and other assets	(3,165,000)	(5,172,000)	(7,492,000)
Accounts payable	(6,237,000)	(4,775,000)	(858,000)
Accrued compensation and related expenses	(5,843,000)	6,225,000	(2,525,000)
Operating lease liabilities	(22,595,000)
Marketing and other accrued expenses	(3,229,000)	(5,541,000)	4,771,000
Net Cash Provided by Operating Activities	177,542,000	190,845,000	86,775,000
INVESTING ACTIVITIES
Payments to acquire property, plant and equipment	(31,670,000)	(32,128,000)	(47,590,000)
Proceeds from sales of property, plant and equipment	323,000	64,000	27,000
Proceeds from insurance recoveries	0	580,000	0
Acquisition of business, net of cash acquired	0	(7,182,000)	(57,200,000)
Purchases of certificates of deposit	0	0	(25,000,000)
Maturities of certificates of deposit	1,500,000	8,000,000	87,750,000
Investment in promotional displays	(9,069,000)	(7,257,000)	(2,303,000)
Net Cash Used by Investing Activities	(38,916,000)	(37,923,000)	(44,316,000)
FINANCING ACTIVITIES
Payments of long-term debt	(98,468,000)	(122,205,000)	(96,572,000)
Proceeds from long-term debt	0	0	734,000
Proceeds from issuance of common stock and other	295,000	500,000	1,289,000
Repurchase of common stock	0	(50,000,000)	(29,000,000)
Withholding of employee taxes related to stock-based compensation	(1,050,000)	(1,739,000)	(2,803,000)
Debt issuance cost	0	(232,000)	(14,675,000)
Net Cash Provided (Used) by Financing Activities	(99,223,000)	(173,676,000)	(141,027,000)
Net (Decrease) Increase in Cash and Cash Equivalents	39,403,000	(20,754,000)	(98,568,000)
Cash and Cash Equivalents, Beginning of Year	57,656,000	78,410,000	176,978,000
Cash and Cash Equivalents, End of Year	97,059,000	57,656,000	78,410,000
Non-cash investing and financing activities:
Long-term debt related to funding acquisition	0	0	300,000
Long-term debt issued to satisfy outstanding debt	0	0	600,000
Long-term debt satisfied from issuance of debt	0	0	(602,750)
Stock issuance in connection with acquisition	0	0	189,849
Property, plant and equipment	1,303	1,331	5,530
Net other assets and liabilities related to acquisition	0	0	7,169
Cash paid during the period for:
Interest	27,654	35,908	5,919
Income taxes	$ 36,154	$ 22,035	$ 18,219

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Apr. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies American Woodmark Corporation (“American Woodmark,” the “Company,” “we,” “our” or “us”) manufactures and distributes kitchen, bath and home organization products for the remodeling and new home construction markets. Its products are sold on a national basis directly to home centers, and builders and through a network of independent dealers and distributors. The Company operates within a single reportable segment primarily within the U.S.; long-lived assets and sales outside the U.S. are not significant. 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 subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Revenue Recognition : Our principal performance obligations are the sale of kitchen, bath and home organization products. The Company recognizes revenue as control of our products is transferred to our customers, which is at the time of shipment or upon delivery based on the contractual terms with our customers. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods to our customers. Payment terms on our product sales normally range from 30 to 90 days. Taxes assessed by a governmental authority that we collect are excluded from revenue. The expected costs associated with our contractual warranties are recognized as expense when the products are sold. See Note L-- Commitments and Contingencies for further discussion. When revenue is recognized, we record estimates to reduce revenue for customer programs and incentives in order to determine that amount of consideration the Company will ultimately be entitled to receive. Customer programs and incentives are considered variable consideration, and include price discounts, volume-based incentives, promotions and cooperative advertising. The Company includes variable consideration in revenue only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the variable consideration is resolved. This determination is made based upon known customer program and incentive offerings at the time of sale, and expected sales volume forecasts as it relates to our volume-based incentives. This determination is updated each reporting period. In addition, for certain customer program incentives, we receive an identifiable benefit (goods or services) in exchange for the consideration given and record the associated expenditure in selling, general and administrative expenses. We account for shipping and handling costs that occur before the customer has obtained control of a product as a fulfillment activity rather than as a promised service. These costs are classified within costs 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 are expensed as incurred. Advertising expenses for fiscal years 2020 , 2019 and 2018 were $33.9 million , $38.9 million and $40.1 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. Investments in Certificates of Deposit: Certificates of deposit 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 and for certain subsidiaries by the first-in, first-out ("FIFO") method. The LIFO cost reserve is determined in the aggregate for inventory and is applied as a reduction to inventories determined on the FIFO method. 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 12 years for machinery and equipment. Assets under financing 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 2020 , 2019 and 2018 , the Company concluded no impairment existed. Goodwill : Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill but evaluates for impairment annually, or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. In accordance with the accounting standards, an entity has the option first to assess qualitative factors to determine whether events and circumstances indicate that it is more likely than not that goodwill is impaired. If after such assessment an entity concludes that the asset is not impaired, the entity is not required to take further action. However, if an entity concludes otherwise, it is required to determine the fair value of the asset using a quantitative impairment test, and if impaired, the associated assets must be written down to fair value. During fiscal years 2020 , 2019 and 2018 , the Company concluded no impairment existed. Other Intangible Assets: Intangible assets consist of customer relationship intangibles and trademarks. The Company amortizes the cost of other intangible assets over their estimated useful lives, which range from three to six years , unless such lives are deemed indefinite. The Company reviews its intangible assets for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During fiscal years 2020 , 2019 and 2018 , the Company concluded no impairment existed. 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 24 to 60 months (the estimated period of benefit). Promotional display amortization expense for fiscal years 2020 , 2019 and 2018 was $8.2 million , $6.4 million and $4.5 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 one non-contributory defined benefit pension plan covering many of the Company’s employees hired before April 30, 2012. As of April 30, 2020, the Company's two non-contributory defined benefit pension plans were merged into one plan. 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. The Company records the expense for stock-based compensation awards subject to performance-based criteria vesting over the remaining service period when the Company determines that achievement of the performance criteria is probable. The Company evaluates when the achievement of performance-based criteria is probable based on the expected satisfaction of the performance criteria at each reporting date. 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 consolidated balance sheets. Foreign Exchange Forward Contracts: In the normal course of business, the Company is subject to risk from adverse fluctuations in foreign exchange rates. The Company manages these risks through the use of foreign exchange forward contracts. The Company recognizes its outstanding forward contracts in the consolidated balance sheets at their fair values. The Company does not designate the forward contracts as accounting hedges. The changes in the fair value of the forward contracts are recorded in other (income) expense, net in the consolidated statements of income. At April 30, 2020, the Company held forward contracts maturing from May 2020 to April 2021 to purchase 327.0 million Mexican pesos at exchange rates ranging from 22.18 to 23.42 Mexican pesos to one U.S. dollar. A liability of $1.1 million is recorded in other accrued expenses on the consolidated balance sheets. Recent Accounting Pronouncements : In February 2016, the Financial Accounting Standards Board (the "FASB") issued a new standard for leases, ASC 842, which requires lessees to recognize almost all leases on their balance sheet as a right-of-use ("ROU") asset and lease liability. The standard is effective for annual periods beginning after December 15, 2018. The standard provides for the option to elect a package of practical expedients upon adoption. The Company adopted the standard on May 1, 2019 using the modified retrospective transition approach and elected the package of practical expedients that allows it to forgo reassessment of lease classification for leases that have already commenced. The Company also elected the practical expedients to the new standard without restating comparative prior period financial information and to not recognize ROU assets and liabilities for operating leases with shorter than 12-month terms. On May 1, 2019, the Company recognized operating lease assets and operating lease liabilities of $80.4 million . The new standard did not have a material impact on the Company's results of operations, cash flows or opening retained earnings, or on its debt covenant calculations. ASC 842 also requires entities to disclose certain qualitative and quantitative information regarding the amount, timing, and uncertainty of cash flows arising from leases. Such disclosures are included in Note O-- Leases . In June 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments," which modifies the methodology for recognizing loss impairments on certain types of financial instruments, including receivables. The new methodology requires an entity to estimate the credit losses expected over the life of an exposure. ASU 2016-13 is effective for the Company beginning May 1, 2020. This standard will impact the valuation of credit losses relating to receivables, however, we do not expect the standard to have a material impact on financial position or results of operations. In December 2019, the FASB issued ASU No. 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes," which simplifies the accounting for income taxes by removing certain exceptions for recognizing deferred taxes for investments, performing intraperiod tax allocations and calculating income taxes in interim periods . The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. ASU 2019-12 is effective for the Company beginning May 1, 2021. Early adoption is permitted. The Company is currently reviewing the provisions of this new pronouncement and the impact, if any, the adoption of this guidance may have on financial position and results of operations. In March 2020, the FASB issued ASU No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022 and can be adopted as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020. The Company has identified loans and other financial instruments that are directly or indirectly influenced by LIBOR and does not expect the adoption of ASU 2020-04 to have a material impact on its consolidated financial statements . Use of Estimates : The preparation of consolidated financial statements in conformity with GAAP 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.

Acquisition of RSI Home Product

Acquisition of RSI Home Products, Inc. (the "RSI Acquisition")	12 Months Ended
	Apr. 30, 2020
Business Combinations [Abstract]
Acquisition of RSI Home Products, Inc. (the RSI Acquisition)	Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") On November 30, 2017, American Woodmark, Alliance Merger Sub, Inc. ("Merger Sub"), RSI and Ronald M. Simon, as the RSI stockholder representative, entered into a merger agreement (the "Merger Agreement") pursuant to which the parties agreed to merge Merger Sub with and into RSI pursuant to the terms and subject to the conditions set forth in the Merger Agreement, with RSI continuing as the surviving corporation and as a wholly owned subsidiary of American Woodmark. On December 29, 2017 (the "Acquisition Date"), the Company consummated the RSI Acquisition pursuant to the terms of the Merger Agreement. As a result of the merger of Merger Sub with and into RSI, Merger Sub’s separate corporate existence ceased, and RSI continued as the surviving corporation and a wholly owned subsidiary of American Woodmark. RSI is a leading manufacturer of kitchen and bath cabinetry and home organization products. In connection with the RSI Acquisition, on December 29, 2017, the Company entered into a credit agreement (the "Credit Agreement") with a syndicate of lenders and Wells Fargo Bank, National Association ("Wells Fargo"), as administrative agent, providing for a $100 million , 5-year revolving loan facility with a $25 million sub-facility for the issuance of letters of credit (the “Revolving Facility”), a $250 million , 5 -year initial term loan facility (the "Initial Term Loan") and a $250 million delayed draw term loan facility (the "Delayed Draw Term Loan" and, together with the Revolving Facility and the Initial Term Loan, the "Credit Facilities") (See Note G -- Loans Payable and Long-Term Debt for further details). American Woodmark used the full proceeds of the Initial Term Loan and approximately $50 million in loans under the Revolving Facility, together with cash on its balance sheet, to fund the cash portion of the RSI Acquisition consideration and its transaction fees and expenses. At the closing of the RSI Acquisition, American Woodmark assumed approximately $589 million (including accrued interest) of RSI’s indebtedness consisting largely of RSI’s 6½% Senior Secured Second Lien Notes due 2023 (the "RSI Notes"). On February 12, 2018, the Company issued $350 million in aggregate principal amount of the Senior Notes and utilized the proceeds of such issuance, together with the borrowings under the Delayed Draw Term Loan and cash on hand, to fund the refinancing of the RSI Notes. (See Note G-- Loans Payable and Long-Term Debt ). Allocation of Purchase Price to Assets Acquired and Liabilities Assumed As consideration for the RSI Acquisition, American Woodmark paid total consideration of $554.2 million inclusive of a working capital adjustment including cash consideration of $364.4 million , net of cash acquired, and 1,457,568 newly issued shares of American Woodmark common stock valued at $189.8 million based on $130.25 per share, which was the closing stock price on the Acquisition Date. The Company accounted for the RSI Acquisition as a business combination, which requires the Company to record the assets acquired and liabilities assumed at fair value. The amount by which the purchase price exceeds the fair value of net assets acquired is recorded as goodwill. The following table summarizes the allocation of the purchase price as of the Acquisition Date, which is based on the consideration of $554.2 million , to the estimated fair value of assets acquired and liabilities assumed (in thousands): Goodwill $ 767,612 Customer relationship intangibles 274,000 Property, plant and equipment 86,275 Inventories 66,293 Customer receivables 54,649 Income taxes receivable 18,926 Trademarks 10,000 Prepaid expenses and other 4,571 Leasehold interests 151 Total identifiable assets and goodwill acquired 1,282,477 Debt 602,313 Deferred income taxes 67,542 Accrued expenses 30,240 Accounts payable 25,113 Notes payable 2,988 Income taxes payable 49 Total liabilities assumed 728,245 Total accounting consideration $ 554,232 The fair value of the assets acquired and liabilities assumed were determined using income, market and cost valuation methodologies. The fair value of debt acquired was determined using Level 1 inputs as quoted prices in active markets for identical liabilities were available. The fair value measurements, aside from debt, were estimated using significant inputs that are not observable in the market and thus represent Level 3 measurements as defined in Accounting Standards Codification (ASC) 820. The income approach was primarily used to value the customer relationship intangibles and trademarks. The income approach determines value for an asset or liability based on the present value of cash flows projected to be generated over the remaining economic life of the asset or liability being measured. Both the amount and the duration of the cash flows are considered from a market participant perspective. The estimates of market participant net cash flows considered historical and projected product pricing, operational performance including company specific synergies, product life cycles, material and labor pricing, and other relevant customer, contractual and market factors. The net cash flows are discounted to present value using a discount rate that reflects the relative risk of achieving the cash flow and the time value of money. The market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets, liabilities, or a group of assets or liabilities. The cost approach estimates value by determining the current cost of replacing an asset with another of equivalent economic utility. The cost to replace a given asset reflects the estimated reproduction or replacement cost for the property, less an allowance for loss in value due to depreciation. The cost and market approaches were used to value inventory, while the cost approach was the primary approach used to value property, plant and equipment. The purchase price allocation resulted in the recognition of $767.6 million of goodwill, which is not amortizable for tax purposes. The goodwill recognized is attributable to expected revenue synergies generated by the integration of the Company’s products with RSI's, cost synergies resulting from purchasing and manufacturing activities, and intangible assets that do not qualify for separate recognition, such as the assembled workforce of RSI. Customer receivables were recorded at the contractual amounts due of $57.1 million , less an allowance for returns and discounts of $2.4 million , and an allowance for doubtful accounts of $0.1 million , which approximates their fair value. Determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgment, including the amount and timing of expected future cash flows, long-term growth rates and discount rates. The cash flows employed in the valuation are based on the Company’s best estimates of future sales, earnings and cash flows after considering factors such as general market conditions, expected future customer orders, contracts with suppliers, labor costs, changes in working capital, long term business plans and recent operating performance. Use of different estimates and judgments could yield different results. Impact to Financial Results for the Fiscal Year Ended April 30, 2018 RSI’s financial results have been included in our consolidated financial results of fiscal 2018 for the period from the Acquisition Date to April 30, 2018. As a result, our consolidated financial results for the fiscal year ended April 30, 2018 do not reflect a full year of RSI results. From December 29, 2017 to April 30, 2018, RSI generated net sales of approximately $177.7 million and an operating income of approximately $9.1 million , inclusive of intangible amortization and adjustments to account for the acquisition, including a $6.3 million charge to cost of sales as a result of the step-up of inventory as of the Acquisition Date to fair value. The Company incurred approximately $12.9 million of transaction costs associated with the RSI Acquisition during the twelve months ended April 30, 2018 which the Company expensed as incurred. These costs are included in general and administrative expenses on the Consolidated Statements of Income. Supplemental Pro Forma Financial Information (unaudited) The following table presents summarized unaudited pro forma financial information as if RSI had been included in the Company’s financial results for the entire fiscal year ended April 30, 2018: FISCAL YEAR ENDED (in thousands) APRIL 30, 2018 Net Sales $ 1,613,663 Net Income (1) $ 67,388 Net earnings per share - basic $ 3.83 Net earnings per share - diluted $ 3.80 (1) Includes stock compensation expense of $17.5 million for the fiscal year ended April 30, 2018 calculated under the intrinsic value method in measuring stock-based liability awards related to stock-based grants made by RSI prior to the RSI Acquisition. The unaudited supplemental pro forma financial data above assumes the RSI Acquisition occurred on May 1, 2016 and has been calculated after applying the Company’s accounting policies and adjusting the historical results of RSI with pro forma adjustments, net of a statutory tax rate of 34.4% for the fiscal year ended April 30, 2018. Significant pro forma adjustments include the recognition of additional amortization expense of $20.0 million for the fiscal year ended April 30, 2018, related to acquired intangible assets (net of historical amortization expense of RSI) and additional net interest expense of $2.4 million for the fiscal year ended April 30, 2018, related to the $300 million borrowed under the Credit Agreement to finance the acquisition. Transaction expenses, net of tax, of $8.5 million for the fiscal year ended April 30, 2018, and inventory fair value step-up expense, net of tax of $4.1 million for the fiscal year ended April 30, 2018 were also excluded from net income.

Customer Receivables

Customer Receivables	12 Months Ended
	Apr. 30, 2020
Receivables [Abstract]
Customer Receivables	Customer Receivables The components of customer receivables were: APRIL 30 (in thousands) 2020 2019 Gross customer receivables $ 112,528 $ 132,145 Less: Allowance for doubtful accounts (472 ) (249 ) Allowance for returns and discounts (5,712 ) (5,995 ) Net customer receivables $ 106,344 $ 125,901

Inventories

Inventories	12 Months Ended
	Apr. 30, 2020
Inventory Disclosure [Abstract]
Inventories	Inventories The components of inventories were: APRIL 30 (in thousands) 2020 2019 Raw materials $ 51,460 $ 46,054 Work-in-process 42,381 43,794 Finished goods 32,572 34,873 Total FIFO inventories 126,413 124,721 Reserve to adjust inventories to LIFO value (14,577 ) (16,193 ) Total inventories $ 111,836 $ 108,528 Of the total inventory of $111.8 million , $66.0 million is carried under the FIFO method and $45.8 is carried under the LIFO method of accounting as of April 30, 2020. Of the total inventory of $108.5 million , $58.6 million is carried under the FIFO method and $49.9 million is carried under the LIFO method of accounting as of April 30, 2019.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Apr. 30, 2020
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) 2020 2019 Land $ 4,431 $ 4,751 Buildings and improvements 120,819 114,421 Buildings and improvements - financing leases 11,636 11,202 Machinery and equipment 312,806 294,993 Machinery and equipment - financing leases 30,911 30,574 Construction in progress 8,164 7,002 488,767 462,943 Less accumulated amortization and depreciation (284,943 ) (254,680 ) Total $ 203,824 $ 208,263 Amortization and depreciation expense on property, plant and equipment amounted to $36.9 million , $36.2 million and $21.9 million in fiscal years 2020 , 2019 and 2018 , respectively. Accumulated amortization on financing leases included in the above table amounted to $32.3 million and $30.8 million as of April 30, 2020 and 2019 , respectively.

Intangible Assets and Trademark

Intangible Assets and Trademarks	12 Months Ended
	Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Trademarks	Intangible Assets and Trademarks The components of customer relationships intangibles were: APRIL 30 (in thousands) 2020 2019 Customer relationship intangibles $ 274,000 $ 274,000 Less accumulated amortization (106,556 ) (60,889 ) Total $ 167,444 $ 213,111 The components of trademarks were: APRIL 30 (in thousands) 2020 2019 Trademarks $ 10,000 $ 10,000 Less accumulated amortization (7,778 ) (4,445 ) Total $ 2,222 $ 5,555 Customer relationship intangibles and trademarks are amortized over the estimated useful lives on a straight-line basis over six and three years , respectively. Amortization expense on customer relationship intangibles and trademarks amounted to $49.0 million for each of the years ended April 30, 2020 and 2019, respectively.

Loans Payable and Long-Term Deb

Loans Payable and Long-Term Debt	12 Months Ended
	Apr. 30, 2020
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) 2021 2022 2023 2024 2025 2026 AND THERE- TOTAL OUTSTANDING AS OF APRIL 30, 2020 TOTAL OUTSTANDING AS OF APRIL 30, 2019 Term loans $ — $ — $ 244,000 $ — $ — $ — $ 244,000 $ 340,000 The Senior Notes — — — — — 350,000 350,000 350,000 Finance lease obligations 2,216 1,345 958 836 262 70 5,687 6,645 Other long-term debt — — 46 253 256 6,104 6,659 6,660 Total $ 2,216 $ 1,345 $ 245,004 $ 1,089 $ 518 $ 356,174 $ 606,346 $ 703,305 Debt issuance costs $ (9,209 ) $ (11,814 ) Current maturities $ (2,216 ) $ (2,286 ) Total long-term debt $ 594,921 $ 689,205 Term Loans On December 29, 2017, the Company entered into the Credit Agreement, which provides for the Revolving Facility, the Initial Term Loan and the Delayed Draw Term Loan. Also on December 29, 2017, the Company borrowed the entire $250 million available under the Initial Term Loan and approximately $50 million under the Revolving Facility to fund, in part, the cash portion of the RSI Acquisition consideration and the Company’s transaction fees and expenses related to the RSI Acquisition. On February 12, 2018, the Company borrowed the entire $250 million under the Delayed Draw Term Loan in connection with the refinancing of the RSI Notes as discussed below and to repay, in part, amounts outstanding under the Revolving Facility. In connection with its entry into the Credit Agreement, the Company terminated its prior $35 million revolving credit facility with Wells Fargo. The Company is required to make specified quarterly installments on both the Initial Term Loan and the Delayed Draw Loan. As of April 30, 2020, $122 million was outstanding on each of the Initial Term Loan and Delayed Draw Term Loan for a total of $244 million . As of April 30, 2019, $170 million was outstanding on each of the Initial Term Loan and Delayed Draw Term Loan for a total of $340 million . The outstanding balance approximates fair value as the Term Loans have a floating interest rate. There were no amounts outstanding on the Revolving Facility as of April 30, 2020 and 2019. The Credit Facilities mature on December 29, 2022. Amounts outstanding under the Credit Facilities bear interest based on a fluctuating rate measured by reference to either, at the Company’s option, a base rate plus an applicable margin or LIBOR plus an applicable margin, with the applicable margin being determined by reference to the Company’s then-current “Total Funded Debt to EBITDA Ratio.” The Company also incurs a quarterly commitment fee on the average daily unused portion of the Revolving Facility during the applicable quarter at a rate per annum also determined by reference to the Company’s then-current “Total Funded Debt to EBITDA Ratio.” In addition, a letter of credit fee will accrue on the face amount of any outstanding letters of credit at a per annum rate equal to the applicable margin on LIBOR loans, payable quarterly in arrears. On January 25, 2019, the Company entered into an amendment to the Credit Agreement (the “Amendment”) that reduced the applicable margin for both base rate and LIBOR rate loans and reduced the commitment fee incurred on unused portions of the Revolving Facility. As of April 30, 2020, the applicable margin with respect to base rate loans and LIBOR loans was 0.50% and 1.50% , respectively, and the commitment fee was 0.175% . As of December 31, 2021, the Company will transition to the Secured Overnight Financing Rate (SOFR) as required by the Credit Facilities. The Company expects the transition to SOFR to be materially similar to LIBOR. The Credit Agreement includes certain financial covenants. The Amendment amended these covenants by (i) removing the requirement to maintain a “Total Secured Debt to EBITDA Ratio” of no more than 2.50 to 1.00 and (ii) setting a maximum “Total Funded Debt to EBITDA Ratio” of no more than 3.25 to 1.00 (with an increase to 3.75 to 1.00 for a certain period upon the consummation of a “Qualified Acquisition”). The Credit Agreement also requires that the Company maintain a Fixed Charge Coverage Ratio (as defined in the Credit Agreement) of no less than 1.25 to 1.00. The Credit Agreement includes certain additional covenants, including negative covenants that restrict the ability of the Company and certain of its subsidiaries to incur additional indebtedness, create additional liens on its assets, dispose of its assets or engage in a merger or another similar transaction or engage in transactions with affiliates, subject, in each case, to the various exceptions and conditions described in the Credit Agreement. The negative covenants further restrict the Company’s ability to make certain restricted payments, including the payment of dividends and repurchase of common stock, in certain limited circumstances. In September 2018, the Company entered into an amendment to the Credit Agreement that amended the restricted payments covenant to (i) permit unlimited restricted payments so long as the “Total Funded Debt to EBITDA Ratio” would be less than or equal to 2.50 to 1.00 after giving effect to any such payment and no default or event of default has occurred and is continuing or would result from any such payment and (ii) permit up to an aggregate of $50 million in restricted payments not otherwise permitted under the Credit Agreement so long as no default or event of default has occurred and is continuing or would result from any such payment. The Amendment further amended the restricted payments covenant to increase the “Total Funded Debt to EBITDA Ratio” applicable to the exception permitting unlimited restricted payments discussed above to 2.75 to 1.00. The negative covenants in the Credit Agreement also include a covenant restricting the Company’s ability to make certain investments. As of April 30, 2020, the Company was in compliance with the covenants included in the Credit Agreement. The Company’s obligations under the Credit Agreement are guaranteed by the Company’s subsidiaries and the obligations of the Company and its subsidiaries are secured by a pledge of substantially all of their respective personal property. The Senior Notes On February 12, 2018, the Company issued $350 million in aggregate principal amount of 4.875% Senior Notes due 2026 (the “Senior Notes”). The Senior Notes mature on March 15, 2026 and interest on the Senior Notes is payable semi-annually in arrears on March 15 and September 15 of each year, which payments began on September 15, 2018. The Senior Notes are, and will be, fully and unconditionally guaranteed by each of the Company’s current and future wholly owned domestic subsidiaries that guarantee the Company’s obligations under the Credit Agreement. The indenture governing the Senior Notes restricts the ability of the Company and the Company’s “restricted subsidiaries” to, as applicable, (i) incur additional indebtedness or issue certain preferred shares, (ii) create liens, (iii) pay dividends, redeem or repurchase stock or make other distributions or restricted payments, (iv) make certain investments, (v) create restrictions on the ability of the “restricted subsidiaries” to pay dividends to the Company or make other intercompany transfers, (vi) transfer or sell assets, (vii) merge or consolidate with a third party and (viii) enter into certain transactions with affiliates of the Company, subject, in each case, to certain qualifications and exceptions as described in the indenture. As of April 30, 2020, the Company and its restricted subsidiaries were in compliance with all covenants under the indenture governing the Senior Notes. At the closing of the RSI Acquisition, American Woodmark assumed approximately $589 million (including accrued interest) of RSI’s indebtedness consisting largely of RSI’s 6½% Senior Secured Second Lien Notes due 2023 (the "RSI Notes"). On February 12, 2018, the Company utilized the proceeds of the Senior Notes, together with the borrowings under the Delayed Draw Term Loan and cash on hand, to fund the refinancing of the RSI Notes - See Note B -- Acquisition of RSI Home Products, Inc. (the “RSI Acquisition”) . At April 30, 2020, the book value of the Senior Notes was $350 million and the fair value was $330 million , based on Level 1 inputs. Financing Lease Obligations The Company has various financing leases which interest rates between 3.5% and 6.5% . The leases require monthly payments and expire by February 15, 2026 . The outstanding amounts owed as of April 30, 2020 and 2019 were $5.7 million and $6.6 million , respectively. Other Long-term Debt 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 30 years with an aggregate interest rate of approximately 1.2% . As of April 30, 2020 and 2019, the Company had drawn $6.7 million 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 financing leases at April 30, 2020

Earnings Per Share

Earnings Per Share	12 Months Ended
	Apr. 30, 2020
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) 2020 2019 2018 Numerator used in basic and diluted earnings per common share: Net income $ 74,861 $ 83,688 $ 63,141 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,908 17,289 16,631 Effect of dilutive securities: Stock options and restricted stock units 44 41 114 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,952 17,330 16,745 Net earnings per share Basic $ 4.43 $ 4.84 $ 3.80 Diluted $ 4.42 $ 4.83 $ 3.77 An immaterial amount of anti-dilutive securities for the fiscal year ended April 30, 2019 were excluded from the calculation of net earnings per share. There were no anti-dilutive securities for the fiscal years ended April 30, 2020 and 2018, which were excluded from the calculation of net earnings per share. Under a stock repurchase authorization approved by its Board of Directors (the "Board") on November 30, 2016, the Company was authorized to purchase up to $50 million of the Company's common shares. The Board suspended the Company's stock repurchase program in conjunction with the RSI Acquisition. On August 23, 2018, the Board reinstated the program. On November 28, 2018, the Board of Directors of the Company authorized an additional stock repurchase program of up to $14 million of the Company's common shares. This authorization was in addition to the stock repurchase program authorized on November 30, 2016. No funds remained from the amount authorized by the Board to repurchase the Company’s common shares. On August 22, 2019, the Board authorized an additional stock repurchase program of up to $50 million of the Company's common shares. The Company funded share repurchases using available cash and cash generated from operations. Repurchased shares became authorized but unissued common shares. The Company did not repurchase any of its shares during fiscal 2020. The Company purchased a total of 745,232 common shares, for an aggregate purchase price of $50.0 million and a total of 309,612 common shares for an aggregate purchase price of $29.0 million during fiscal 2019 and 2018, respectively, under the authorizations pursuant to a repurchase plan intended to comply with the requirements of Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Apr. 30, 2020
Share-based Payment Arrangement [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 issued stock options until fiscal 2015 and has issued restricted stock units ("RSUs") since fiscal 2010. Total compensation expense related to stock-based awards for the fiscal years ended April 30, 2020, 2019 and 2018 was $4.0 million , $3.0 million and $3.1 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, 2020, the Company had RSU awards outstanding under two different plans: (1) 2016 employee stock incentive plan; and (2) 2015 non-employee directors equity ownership plan. As of April 30, 2020, there were 716,027 shares of common stock available for future stock-based compensation awards under the Company’s stock incentive plans. Methodology Assumptions 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. 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 Company did not grant stock options during the fiscal years ended April 30, 2020, 2019 and 2018. There were no stock options outstanding at April 30, 2020. The following table presents a summary of the Company’s stock option activity for the fiscal years ended April 30, 2020, 2019 and 2018 (remaining contractual term in years and exercise prices are weighted-averages): NUMBER OF OPTIONS WEIGHTED AVERAGE REMAINING CONTRACTUAL TERM WEIGHTED AVERAGE EXERCISE PRICE AGGREGATE INTRINSIC VALUE Outstanding at April 30, 2017 54,918 5.6 $37.95 $ 2,963 Exercised (36,950 ) 0 34.90 1,748 Outstanding at April 30, 2018 17,968 4.5 $44.23 $ 682 Exercised (12,801 ) 0 39.04 651 Outstanding at April 30, 2019 5,167 6.1 $57.11 $ 170 Exercised (5,167 ) 0 57.11 — Outstanding at April 30, 2020 — 0 $— $ — Vested and expected to vest in the future at April 30, 2020 — 0 $— $ — Exercisable at April 30, 2020 — 0 $— $ — Cash received from option exercises for the fiscal years ended April 30, 2020, 2019 and 2018, was an aggregate of $0.3 million , $0.5 million and $1.3 million , respectively. The actual tax benefit realized for the tax deduction from option exercises of stock option awards was immaterial for the fiscal years ended April 30, 2020, 2019 and 2018, respectively. 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 2020, 2019 and 2018. The PBRSUs granted in fiscal 2020, 2019 and 2018 are earned based on achievement of a number of goals pertaining to the Company’s financial performance during three one-year performance periods and the achievement of certain cultural goals for the three-year period. 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, 2020, 2019 and 2018: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT Issued and outstanding, April 30, 2017 125,067 67,454 192,521 $50.09 Granted 33,080 22,250 55,330 $95.62 Cancelled due to non-achievement of performance goals — — — $— Settled in common stock (51,191 ) (28,447 ) (79,638 ) $32.96 Forfeited (9,305 ) (6,198 ) (15,503 ) $71.91 Issued and outstanding, April 30, 2018 97,651 55,059 152,710 $73.34 Granted 45,615 30,335 75,950 $104.10 Cancelled due to non-achievement of performance goals (10,352 ) — (10,352 ) $80.26 Settled in common stock (34,475 ) (18,778 ) (53,253 ) $60.50 Forfeited (9,257 ) (5,347 ) (14,604 ) $79.49 Issued and outstanding, April 30, 2019 89,182 61,269 150,451 $76.91 Granted 61,379 42,691 104,070 $53.95 Cancelled due to non-achievement of performance goals (11,305 ) — (11,305 ) $85.13 Settled in common stock (18,628 ) (21,521 ) (40,149 ) $67.03 Forfeited (2,941 ) (3,229 ) (6,170 ) $86.68 Issued and outstanding, April 30, 2020 117,687 79,210 196,897 $66.68 As of April 30, 2020, there was $7.9 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, 2020, 2019 and 2018 stock-based compensation expense was allocated as follows: (in thousands) 2020 2019 2018 Cost of sales and distribution $ 809 $ 691 $ 667 Selling and marketing expenses 1,006 649 756 General and administrative expenses 2,174 1,700 1,674 Stock-based compensation expense, before income taxes $ 3,989 $ 3,040 $ 3,097 Restricted Stock Tracking Units: During fiscal 2020, the Board approved grants of 6,483 cash-settled performance-based restricted stock tracking units ("RSTUs") and 3,482 cash-settled service-based RSTUs for more junior level employees. 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. All of the RSTUs cliff-vest three years from the grant date. 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 $0.0 million , $0.5 million and $0.4 million related to RSTUs for the fiscal years ended April 30, 2020, 2019 and 2018, respectively. A liability for payment of the RSTUs is included in the Company's balance sheets in the amount of $0.4 million and $0.7 million

Employee Benefit and Retirement

Employee Benefit and Retirement Plans	12 Months Ended
	Apr. 30, 2020
Retirement Benefits [Abstract]
Employee Benefit and Retirement Plans	Employee Benefit and Retirement Plans Retirement Savings Plans 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 (the "Plan"). Under the 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% of net income, 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 $3.7 million , $3.8 million and $3.7 million in fiscal years 2020, 2019 and 2018, respectively. The Company matches 100% of an employee’s annual 401(k) contributions to the Plan up to 4% of annual compensation. Through December 31, 2018, RSI had the RSI Home Products 401K Retirement Savings Plan (the “RSI Plan”) for all non-union employees. Employees were eligible to contribute to the RSI Plan 60 days after starting employment. The Company elected to make safe harbor matching contributions of up to 4% of each participant’s eligible compensation. The Company’s safe harbor contributions vested immediately. On January 1, 2019, the Plan merged with the RSI Plan to transfer all assets of the RSI Plan into the Plan. Effective January 1, 2019, all new eligible participants will be automatically enrolled in the Plan at a contribution rate of 3% with the option of opting out. Beginning January 1, 2021, the contribution rate for the eligible participants as of January 1, 2019 and thereafter will automatically escalate by 1% . The automatic escalation will continue at the rate of 1% per calendar year, up to a contribution rate cap of 8% . Participants who transferred from the RSI Plan effective January 1, 2019 will be eligible for a profit sharing contribution as of April 30, 2020. Effective April 1, 2020, union employees are eligible to participate in the Plan. The expense for 401(k) matching contributions for both plans was $10.1 million , $9.9 million and $8.0 million , in fiscal years 2020, 2019 and 2018, respectively. Pension Benefits Prior to April 30, 2020, the Company had two defined benefit pension plans covering many of the Company’s employees hired prior to April 30, 2012. Effective April 30, 2020, these plans were merged into one plan and the plan name was changed to the American Woodmark Corporation Employee Pension Plan. The plan provides 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 defined benefit pension plan. Included in accumulated other comprehensive loss at April 30, 2020 is $68.6 million ( $51.2 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 $1.8 million ( $1.3 million net of tax) in net actuarial losses in net periodic pension benefit costs during fiscal 2021. 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) 2020 2019 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 168,788 $ 163,423 Interest cost 5,974 6,269 Actuarial gains 22,293 4,850 Benefits paid (5,871 ) (5,754 ) Projected benefit obligation at end of year $ 191,184 $ 168,788 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 169,471 $ 156,463 Actual return on plan assets 26,674 11,479 Company contributions 469 7,283 Benefits paid (5,871 ) (5,754 ) Fair value of plan assets at end of year $ 190,743 $ 169,471 Funded status of the plans $ (441 ) $ 683 The accumulated benefit obligation for both pension plans was $191.2 million and $168.8 million at April 30, 2020 and 2019, respectively. APRIL 30 (in thousands) 2020 2019 2018 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 5,974 $ 6,269 $ 5,727 Expected return on plan assets (8,327 ) (8,509 ) (8,936 ) Recognized net actuarial loss 1,692 1,648 1,601 Pension benefit cost $ (661 ) $ (592 ) $ (1,608 ) 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 2020 2019 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate 3.16 % 4.02 % FISCAL YEARS ENDED APRIL 30 2020 2019 2018 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 4.02 % 4.18 % 4.12% Expected return on plan assets 5.0 % 5.5 % 6.5 % 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. The method used to determine the service and interest costs is known as the spot rate approach, under which individual spot rates along the yield curve that correspond with the timing of each benefit payment are used. 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 employees expected to receive benefits under the plan. 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 does not expect to contribute to its pension plans in fiscal 2021. The Company made contributions of $0.5 million and $7.3 million to its pension plans in fiscal 2020 and 2019, respectively. Estimated Future Benefit Payments : The following benefit payments are expected to be paid: FISCAL YEAR BENEFIT PAYMENTS (in thousands) 2021 $ 6,913 2022 7,263 2023 7,653 2024 8,048 2025 8,413 Years 2026-2030 47,525 Plan Assets: Pension assets by major category and the type of fair value measurement as of April 30, 2020 and 2019 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2020 FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 490 $ 490 $ 0 $ — Equity Funds: US Equity 37,569 37,569 — — International Equity 24,578 24,578 — Fixed Income Funds: Investment Grade Fixed Income 128,106 128,106 — — Total plan assets 190,743 190,743 — — FAIR VALUE MEASUREMENTS AT APRIL 30, 2019 FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 469 $ 469 — — Equity Funds: US Equity 31,143 31,143 — — International Equity 20,553 20,553 Fixed Income Funds: — — Investment Grade Fixed Income 117,306 117,306 — — Total plan assets $ 169,471 $ 169,471 — — 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, 2020 and 2019, by asset category, were as follows: PLAN ASSET ALLOCATION 2020 2020 2019 APRIL 30 TARGET ACTUAL ACTUAL Equity Funds 30.0 % 33.0 % 31.0 % Fixed Income Funds 70.0 % 67.0 % 69.0 % Total 100.0 % 100.0 % 100.0 %

Income Taxes

Income Taxes	12 Months Ended
	Apr. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In response to the COVID-19 pandemic, the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act") was signed into law in March 2020. The CARES Act lifts certain deduction limitations originally imposed by the Tax Cuts and Jobs Act of 2017 (the "2017 Tax Act"). Among other provisions, the CARES Act makes qualified improvement property generally eligible for 15-year cost-recovery and 100% bonus depreciation. The tax effects of the CARES Act are not significant and have been recognized in the current reporting period. Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2020 2019 2018 CURRENT EXPENSE Federal $ 29,072 $ 25,649 $ 8,668 State 7,581 8,231 1,290 Foreign 533 1,125 257 Total current expense 37,186 35,005 10,215 DEFERRED EXPENSE Federal (7,167 ) (4,498 ) 17,833 State (4,190 ) (3,266 ) 3,642 Foreign (142 ) (41 ) (71 ) Total deferred (benefit) expense (11,499 ) (7,805 ) 21,404 Total expense 25,687 27,200 31,619 Other comprehensive income (loss) (573 ) 190 50 Total comprehensive income tax expense $ 25,114 $ 27,390 $ 31,669 The Company's effective income tax rate varied from the federal statutory rate as follows: FISCAL YEARS ENDED APRIL 30 2020 2019 2018 Federal statutory rate 21.0 % 21.0 % 30.4 % Effect of: Federal income tax credits (0.9 )% (1.4 )% (0.5 )% Acquisition and integration costs — — 1.2 Stock compensation (0.1 ) (0.5 ) (2.4 ) Meals and entertainment 0.3 0.3 0.3 Effect of Tax Act — (1.1 ) 1.2 Domestic production deduction — — (0.8 ) Valuation allowance for deferred taxes 0.7 0.6 — Foreign 0.4 0.8 — Other 0.7 1.2 0.4 Total 1.1 % (0.1 )% (0.6 )% Effective federal income tax rate 22.1 % 20.9 % 29.8 % State income taxes, net of federal tax effect 3.4 3.6 3.6 Effective income tax rate 25.5 % 24.5 % 33.4 % The significant components of deferred tax assets and liabilities were as follows: APRIL 30 (in thousands) 2020 2019 Deferred tax assets: Accounts receivable $ 1,730 $ 1,852 Product liability 862 2,133 Employee benefits 5,189 6,192 Tax credit carryforwards 4,995 4,439 Operating leases 33,258 — Other 4,330 3,272 Gross deferred tax assets, before valuation allowance 50,364 17,888 Valuation allowance (4,415 ) (3,630 ) Gross deferred tax assets, after valuation allowance 45,949 14,258 Deferred tax liabilities: Pension benefits — 119 Inventory 125 76 Depreciation 24,147 23,721 Intangibles 40,677 53,259 Operating leases 32,325 — Other 695 1,059 Gross deferred tax liabilities 97,969 78,234 Net deferred tax liability $ 52,020 $ 63,976 We have not recorded deferred income taxes applicable to undistributed earnings of foreign subsidiaries that are indefinitely reinvested in foreign operations. Undistributed earnings that are indefinitely reinvested in foreign operations are not significant as of April 30, 2020. The Company recorded a valuation allowance related to deferred tax assets for certain state investment tax credit ("ITC") carryforwards and foreign tax credit ("FTC") 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 2019, the Company determined that there will not be sufficient income in states for which an ITC deferred tax asset exists and that there will not be sufficient foreign source income to utilize the FTCs. Therefore, the Company reassessed the valuation allowance and recorded an additional valuation allowance in the amount of $0.2 million and $0.5 million related to ITCs and FTCs, respectively. The gross amount of state tax credit carryforwards related to state ITCs as of April 30, 2020 and 2019 was $3.9 million and $4.6 million . These credits expire in various years beginning in fiscal 2028. Net of the federal impact and related valuation allowance, the Company recorded $0.6 million and $0.8 million of deferred tax assets related to these credits, as of April 30, 2020 and 2019. 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, 2020 and 2019, a deferred credit balance of $0.8 million and $1.0 million , respectively, is included in other liabilities on the balance sheet. The gross amount of foreign tax credit carryforwards as of April 30, 2020 and 2019 is $1.2 million and $0.7 million , respectively, which begin to expire in fiscal 2029. The following table summarizes the activity related to unrecognized tax benefits, excluding the federal tax benefit of state tax deductions: APRIL 30 (in thousands) 2020 2019 Change in Unrecognized Tax Benefits Balance at beginning of year $ 2,240 $ 928 Additions based on tax positions related to the current year 65 120 Additions for tax positions of prior years — 1,192 Balance at end of year $ 2,305 $ 2,240

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Apr. 30, 2020
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, 2020. COVID-19 The COVID-19 pandemic impacted our business operations and financial results beginning in the fourth quarter of fiscal 2020. Although the financial impact on our overall fiscal 2020 results is limited due to the timing of the outbreak, we face numerous uncertainties in estimating the direct and indirect effects on our future business operations, financial condition, results of operations, and liquidity. We will continue to monitor developments affecting our consolidated financial statements, including indicators that goodwill or other long-lived assets may be impaired, increases in valuation allowances for doubtful accounts or deferred tax assets may be necessary or other accruals that may increase or be necessary resulting from actions taken to reduce our cost structure or conserve our liquidity. 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) 2020 2019 PRODUCT WARRANTY RESERVE Beginning balance $ 4,616 $ 4,045 Accrual for warranties 21,886 24,994 Settlements (22,749 ) (24,423 ) Ending balance at fiscal year end $ 3,753 $ 4,616

Revenue Recognition

Revenue Recognition	12 Months Ended
	Apr. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company disaggregates revenue from contracts with customers into major sales distribution channels as these categories depict the nature, amount, timing and uncertainty of revenues and cash flows that are affected by economic factors. The following table disaggregates our consolidated revenue by major sales distribution channels for the years ended April 30, 2020 , 2019 and 2018 : FISCAL YEARS ENDED APRIL 30 (in thousands) 2020 2019 2018 Home center retailers $ 768,043 $ 788,803 $ 493,904 Builders 668,765 631,474 557,382 Independent dealers and distributors 213,525 225,042 198,988 Net Sales $ 1,650,333 $ 1,645,319 $ 1,250,274

Credit Concentration

Credit Concentration	12 Months Ended
	Apr. 30, 2020
Risks and Uncertainties [Abstract]
Credit Concentration	Credit Concentration Financial instruments that potentially subject the Company to concentrations of risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash and cash equivalents with major financial institutions and such balances may, at times, exceed Federal Deposit Insurance Corporation insurance limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk on cash. 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, 2020, the Company's two largest customers, Customers A and B, represented 26.4% and 22.9% of the Company's gross customer receivables, respectively. At April 30, 2019, Customers A and B represented 28.2% and 25.9% of the Company’s gross customer receivables, respectively. The following table summarizes the percentage of net sales to the Company's two largest customers for the last three fiscal years: PERCENT OF ANNUAL NET SALES 2020 2019 2018 Customer A 29.3% 29.3% 23.5% Customer B 17.2% 18.6% 16.0%

Leases

Leases	12 Months Ended
	Apr. 30, 2020
Leases [Abstract]
Leases	Leases On May 1, 2019, the Company adopted ASC 842, Leases. Changes to the Company’s accounting policy as a result of adoption are discussed below. Operating Leases - ROU assets related to operating leases are presented as “Operating lease right-of-use assets” on the consolidated balance sheet. Lease liabilities related to operating leases that are subject to the ASC 842 measurement requirements such as operating leases with lease terms greater than twelve months are presented in “Short-term lease liability - operating” and “Long-term lease liability - operating” on the consolidated balance sheet. Operating lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of the future lease payments over the lease term. The discount rate used to determine the present value of the lease payments is the rate implicit in the lease unless that rate cannot be readily determined, in which case, the Company utilizes its incremental borrowing rate in determining the present value of the future lease payments. The incremental borrowing rate is the rate of interest that the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Operating lease ROU assets may also include any cumulative prepaid or accrued rent when the lease payments are uneven throughout the lease term. The ROU assets and lease liabilities may also include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The ROU asset includes any lease payments made and lease incentives received prior to the commencement date. The Company has lease arrangements with lease and non-lease components which are accounted for separately. Non-lease components of the lease payments are expensed as incurred and are not included in determining the present value. Finance Leases - ROU assets related to finance leases are presented in "Property, plant and equipment, net” on the consolidated balance sheet. Lease liabilities related to finance leases are presented in “Current maturities of long-term debt” and “Long-term debt, less current maturities” on the consolidated balance sheet. Finance lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of the future lease payments over the lease term. The discount rate used to determine the present value of the lease payments is the rate implicit in the lease unless that rate cannot be readily determined, in which case, the Company utilizes its incremental borrowing rate in determining the present value of the future lease payments. The incremental borrowing rate is the rate of interest that the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. The components of lease costs were as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 2,582 Interest on lease liabilities 205 Operating lease cost 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 205 Operating cash flows for operating leases 22,595 Financing cash flows for financing leases 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 3.36 Weighted average remaining lease term - operating leases 7.41 Weighted average discount rate Weighted average discount rate - finance leases 3.19 % Weighted average discount rate - operating leases 4.27 % The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2020 : FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2021 $ 24,071 $ 2,359 2022 20,886 1,423 2023 19,870 1,003 2024 17,977 858 2025 15,859 267 Thereafter 55,609 71 Total lease payments 154,272 5,981 Less imputed interest (22,922 ) (294 ) Total lease liability $ 131,350 $ 5,687 Current maturities (18,896 ) (2,216 ) Lease liability - long-term $ 112,454 $ 3,471 Lease assets $ 127,668 $ 10,248 As we have not restated prior year information for our adoption of ASC 842, the following presents our future minimum lease payments for operating and capital leases under ASC 840 on April 30, 2019: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2020 $ 17,943 $ 2,456 2021 17,649 1,953 2022 12,435 1,013 2023 10,636 705 2024 9,854 701 Thereafter 38,871 166 $ 107,388 $ 6,994 Less amounts representing interest (2% - 6.5%) (349 ) $ 6,645
Leases	Leases On May 1, 2019, the Company adopted ASC 842, Leases. Changes to the Company’s accounting policy as a result of adoption are discussed below. Operating Leases - ROU assets related to operating leases are presented as “Operating lease right-of-use assets” on the consolidated balance sheet. Lease liabilities related to operating leases that are subject to the ASC 842 measurement requirements such as operating leases with lease terms greater than twelve months are presented in “Short-term lease liability - operating” and “Long-term lease liability - operating” on the consolidated balance sheet. Operating lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of the future lease payments over the lease term. The discount rate used to determine the present value of the lease payments is the rate implicit in the lease unless that rate cannot be readily determined, in which case, the Company utilizes its incremental borrowing rate in determining the present value of the future lease payments. The incremental borrowing rate is the rate of interest that the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Operating lease ROU assets may also include any cumulative prepaid or accrued rent when the lease payments are uneven throughout the lease term. The ROU assets and lease liabilities may also include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The ROU asset includes any lease payments made and lease incentives received prior to the commencement date. The Company has lease arrangements with lease and non-lease components which are accounted for separately. Non-lease components of the lease payments are expensed as incurred and are not included in determining the present value. Finance Leases - ROU assets related to finance leases are presented in "Property, plant and equipment, net” on the consolidated balance sheet. Lease liabilities related to finance leases are presented in “Current maturities of long-term debt” and “Long-term debt, less current maturities” on the consolidated balance sheet. Finance lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of the future lease payments over the lease term. The discount rate used to determine the present value of the lease payments is the rate implicit in the lease unless that rate cannot be readily determined, in which case, the Company utilizes its incremental borrowing rate in determining the present value of the future lease payments. The incremental borrowing rate is the rate of interest that the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. The components of lease costs were as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 2,582 Interest on lease liabilities 205 Operating lease cost 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 205 Operating cash flows for operating leases 22,595 Financing cash flows for financing leases 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 3.36 Weighted average remaining lease term - operating leases 7.41 Weighted average discount rate Weighted average discount rate - finance leases 3.19 % Weighted average discount rate - operating leases 4.27 % The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2020 : FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2021 $ 24,071 $ 2,359 2022 20,886 1,423 2023 19,870 1,003 2024 17,977 858 2025 15,859 267 Thereafter 55,609 71 Total lease payments 154,272 5,981 Less imputed interest (22,922 ) (294 ) Total lease liability $ 131,350 $ 5,687 Current maturities (18,896 ) (2,216 ) Lease liability - long-term $ 112,454 $ 3,471 Lease assets $ 127,668 $ 10,248 As we have not restated prior year information for our adoption of ASC 842, the following presents our future minimum lease payments for operating and capital leases under ASC 840 on April 30, 2019: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2020 $ 17,943 $ 2,456 2021 17,649 1,953 2022 12,435 1,013 2023 10,636 705 2024 9,854 701 Thereafter 38,871 166 $ 107,388 $ 6,994 Less amounts representing interest (2% - 6.5%) (349 ) $ 6,645

Restructuring Charges

Restructuring Charges	12 Months Ended
	Apr. 30, 2020
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges In the fourth quarter of fiscal 2020, the Company implemented a nationwide reduction in force. Severance and outplacement charges relating to the reduction in force totaled approximately $0.2 million and the reduction in force was substantially completed in fiscal 2020. In the first quarter of fiscal 2019, the Company implemented a nationwide reduction in force. Severance and outplacement charges relating to the reduction in force totaled approximately $1.8 million and the reduction in force was substantially completed during fiscal 2019. During fiscal years 2020 and 2019, the Company recognized total pre-tax restructuring charges of $18,000 and $2.0 million , respectively. A reserve for restructuring charges is included in accrued compensation and related expenses in the consolidated balance sheets as of April 30, 2020 and 2019 which relates to employee termination costs accrued but not yet paid as follows: APRIL 30 (in thousands) 2020 2019 Restructuring reserve balance, beginning of year $ 387 $ — Expense (18 ) 1,987 Payments and adjustments (180 ) (1,600 ) Restructuring reserve balance, end of year $ 189 $ 387

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Apr. 30, 2020
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. 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 measured on a recurring basis. The fair value measurement of assets held by the Company’s defined benefit pension plans is discussed in Note J. 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-term debt on the consolidated balance sheets approximate their fair value due to the short maturities of these items. The forward contracts were marked to market and therefore represent fair value. The fair values of these contracts are determined based on inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. The following table summarizes the fair value of assets and liabilities that are recorded in the Company’s consolidated financial statements as of April 30, 2020 and 2019 at fair value on a recurring basis: FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2020 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 773 $ 0 $ 0 LIABILITIES: Foreign exchange forward contracts — (1,102 ) 0 FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2019 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Certificates of deposit $ 1,500 $ — $ — Mutual funds 1,604 — — Total assets at fair value $ 3,104 $ — $ —

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Apr. 30, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Quarterly Financial Data (Unaudited) FISCAL 2020 07/31/19 10/31/19 01/31/20 04/30/20 (in thousands, except per share amounts) Net sales $ 427,365 $ 428,016 $ 395,755 $ 399,197 Gross profit 94,519 87,050 72,348 75,269 Income before income taxes 36,338 29,978 17,274 16,958 Net income 26,881 22,163 12,804 13,013 Earnings per share Basic $ 1.59 $ 1.31 $ 0.76 $ 0.77 Diluted $ 1.59 $ 1.31 $ 0.75 $ 0.77 FISCAL 2019 07/31/18 10/31/18 01/31/19 04/30/19 (in thousands, except per share amounts) Net sales $ 428,962 $ 424,878 $ 384,080 $ 407,399 Gross profit 95,736 86,762 76,853 87,122 Income before income taxes 32,539 25,409 24,126 28,814 Net income 24,767 18,488 18,409 22,024 Earnings per share Basic $ 1.41 $ 1.05 $ 1.07 $ 1.31 Diluted $ 1.41 $ 1.05 $ 1.07 $ 1.30

Subsequent Events

Subsequent Events	12 Months Ended
	Apr. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events During May 2020, the Company implemented a nationwide reduction in force. Severance and outplacement charges relating to the reduction in force will total approximately $1.5 million and is expected to be completed during fiscal 2021. During June 2020, the Company's Board of Directors approved the closure and eventual disposal of its manufacturing plant located in Humboldt, Tennessee. The manufacturing plant is expected to cease operations in September 2020. The Company expects to incur total pre-tax restructuring costs of $3.0 million to $5.0 million related to the closing of the plant, net of building proceeds. The restructuring costs consist of employee severance and separation costs of approximately $0.5 million to $1.0 million , and charges for asset impairment of property, equipment and inventory of approximately $2.5 million to $4.0 million

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Apr. 30, 2020
SEC Schedule, 12-09, 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, 2020: Allowance for doubtful accounts $ 249 $ 323 $ — $ (100 ) (b) $ 472 Reserve for cash discounts $ 1,451 $ 16,810 (c) $ — $ (17,090 ) (d) $ 1,171 Reserve for sales returns and allowances $ 4,545 $ 17,049 (c) $ — $ (17,053 ) $ 4,541 Year ended April 30, 2019: Allowance for doubtful accounts $ 259 $ 72 $ — $ (82 ) (b) $ 249 Reserve for cash discounts $ 1,627 $ 16,994 (c) $ — $ (17,170 ) (d) $ 1,451 Reserve for sales returns and allowances $ 4,381 $ 11,867 (c) $ — $ (11,703 ) $ 4,545 Year ended April 30, 2018: Allowance for doubtful accounts $ 148 $ 169 $ 78 $ (136 ) (b) $ 259 Reserve for cash discounts $ 979 $ 11,999 (c) $ 584 $ (11,935 ) (d) $ 1,627 Reserve for sales returns and allowances $ 2,131 $ 11,318 (c) $ 1,829 $ (10,897 ) $ 4,381 (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 Accoun_2

Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Apr. 30, 2020
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 subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation.
Revenue Recognition	Revenue Recognition : Our principal performance obligations are the sale of kitchen, bath and home organization products. The Company recognizes revenue as control of our products is transferred to our customers, which is at the time of shipment or upon delivery based on the contractual terms with our customers. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods to our customers. Payment terms on our product sales normally range from 30 to 90 days. Taxes assessed by a governmental authority that we collect are excluded from revenue. The expected costs associated with our contractual warranties are recognized as expense when the products are sold. See Note L-- Commitments and Contingencies for further discussion. When revenue is recognized, we record estimates to reduce revenue for customer programs and incentives in order to determine that amount of consideration the Company will ultimately be entitled to receive. Customer programs and incentives are considered variable consideration, and include price discounts, volume-based incentives, promotions and cooperative advertising. The Company includes variable consideration in revenue only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the variable consideration is resolved. This determination is made based upon known customer program and incentive offerings at the time of sale, and expected sales volume forecasts as it relates to our volume-based incentives. This determination is updated each reporting period. In addition, for certain customer program incentives, we receive an identifiable benefit (goods or services) in exchange for the consideration given and record the associated expenditure in selling, general and administrative expenses. We account for shipping and handling costs that occur before the customer has obtained control of a product as a fulfillment activity rather than as a promised service. These costs are classified within costs of sales and distribution.
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
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.
Inventories	Inventories : Inventories are stated at lower of cost or market. Inventory costs are determined by the last-in, first-out ("LIFO") method and for certain subsidiaries by the first-in, first-out ("FIFO") method.
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 12 years for machinery and equipment. Assets under financing 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 2020 , 2019 and 2018 , the Company concluded no impairment existed.
Goodwill and Other Intangible Assets	Goodwill : Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill but evaluates for impairment annually, or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. In accordance with the accounting standards, an entity has the option first to assess qualitative factors to determine whether events and circumstances indicate that it is more likely than not that goodwill is impaired. If after such assessment an entity concludes that the asset is not impaired, the entity is not required to take further action. However, if an entity concludes otherwise, it is required to determine the fair value of the asset using a quantitative impairment test, and if impaired, the associated assets must be written down to fair value. During fiscal years 2020 , 2019 and 2018 , the Company concluded no impairment existed. Other Intangible Assets: Intangible assets consist of customer relationship intangibles and trademarks. The Company amortizes the cost of other intangible assets over their estimated useful lives, which range from three to six years , unless such lives are deemed indefinite. The Company reviews its intangible assets for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During fiscal years 2020 , 2019 and 2018 , the Company concluded no impairment existed.
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 24 to 60 months
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 one non-contributory defined benefit pension plan covering many of the Company’s employees hired before April 30, 2012. As of April 30, 2020, the Company's two non-contributory defined benefit pension plans were merged into one plan. 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. The Company records the expense for stock-based compensation awards subject to performance-based criteria vesting over the remaining service period when the Company determines that achievement of the performance criteria is probable. The Company evaluates when the achievement of performance-based criteria is probable based on the expected satisfaction of the performance criteria at each reporting date.
Recent Accounting Pronouncements	Recent Accounting Pronouncements : In February 2016, the Financial Accounting Standards Board (the "FASB") issued a new standard for leases, ASC 842, which requires lessees to recognize almost all leases on their balance sheet as a right-of-use ("ROU") asset and lease liability. The standard is effective for annual periods beginning after December 15, 2018. The standard provides for the option to elect a package of practical expedients upon adoption. The Company adopted the standard on May 1, 2019 using the modified retrospective transition approach and elected the package of practical expedients that allows it to forgo reassessment of lease classification for leases that have already commenced. The Company also elected the practical expedients to the new standard without restating comparative prior period financial information and to not recognize ROU assets and liabilities for operating leases with shorter than 12-month terms. On May 1, 2019, the Company recognized operating lease assets and operating lease liabilities of $80.4 million . The new standard did not have a material impact on the Company's results of operations, cash flows or opening retained earnings, or on its debt covenant calculations. ASC 842 also requires entities to disclose certain qualitative and quantitative information regarding the amount, timing, and uncertainty of cash flows arising from leases. Such disclosures are included in Note O-- Leases . In June 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments," which modifies the methodology for recognizing loss impairments on certain types of financial instruments, including receivables. The new methodology requires an entity to estimate the credit losses expected over the life of an exposure. ASU 2016-13 is effective for the Company beginning May 1, 2020. This standard will impact the valuation of credit losses relating to receivables, however, we do not expect the standard to have a material impact on financial position or results of operations. In December 2019, the FASB issued ASU No. 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes," which simplifies the accounting for income taxes by removing certain exceptions for recognizing deferred taxes for investments, performing intraperiod tax allocations and calculating income taxes in interim periods . The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. ASU 2019-12 is effective for the Company beginning May 1, 2021. Early adoption is permitted. The Company is currently reviewing the provisions of this new pronouncement and the impact, if any, the adoption of this guidance may have on financial position and results of operations. In March 2020, the FASB issued ASU No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022 and can be adopted as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020. The Company has identified loans and other financial instruments that are directly or indirectly influenced by LIBOR and does not expect the adoption of ASU 2020-04 to have a material impact on its consolidated financial statements .
Use of Estimates	Use of Estimates : The preparation of consolidated financial statements in conformity with GAAP 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.

Acquisition of RSI Home Produ_2

Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") (Tables)	12 Months Ended
	Apr. 30, 2020
Business Combinations [Abstract]
Preliminary Purchase Price Allocation	The following table summarizes the allocation of the purchase price as of the Acquisition Date, which is based on the consideration of $554.2 million , to the estimated fair value of assets acquired and liabilities assumed (in thousands): Goodwill $ 767,612 Customer relationship intangibles 274,000 Property, plant and equipment 86,275 Inventories 66,293 Customer receivables 54,649 Income taxes receivable 18,926 Trademarks 10,000 Prepaid expenses and other 4,571 Leasehold interests 151 Total identifiable assets and goodwill acquired 1,282,477 Debt 602,313 Deferred income taxes 67,542 Accrued expenses 30,240 Accounts payable 25,113 Notes payable 2,988 Income taxes payable 49 Total liabilities assumed 728,245 Total accounting consideration $ 554,232
Supplemental Pro Forma Financial Information	The following table presents summarized unaudited pro forma financial information as if RSI had been included in the Company’s financial results for the entire fiscal year ended April 30, 2018: FISCAL YEAR ENDED (in thousands) APRIL 30, 2018 Net Sales $ 1,613,663 Net Income (1) $ 67,388 Net earnings per share - basic $ 3.83 Net earnings per share - diluted $ 3.80 (1) Includes stock compensation expense of $17.5 million for the fiscal year ended April 30, 2018 calculated under the intrinsic value method in measuring stock-based liability awards related to stock-based grants made by RSI prior to the RSI Acquisition.

Customer Receivables (Tables)

Customer Receivables (Tables)	12 Months Ended
	Apr. 30, 2020
Receivables [Abstract]
Components Of Customer Receivables	The components of customer receivables were: APRIL 30 (in thousands) 2020 2019 Gross customer receivables $ 112,528 $ 132,145 Less: Allowance for doubtful accounts (472 ) (249 ) Allowance for returns and discounts (5,712 ) (5,995 ) Net customer receivables $ 106,344 $ 125,901

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Apr. 30, 2020
Inventory Disclosure [Abstract]
Components Of Inventories	The components of inventories were: APRIL 30 (in thousands) 2020 2019 Raw materials $ 51,460 $ 46,054 Work-in-process 42,381 43,794 Finished goods 32,572 34,873 Total FIFO inventories 126,413 124,721 Reserve to adjust inventories to LIFO value (14,577 ) (16,193 ) Total inventories $ 111,836 $ 108,528

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Apr. 30, 2020
Property, Plant and Equipment [Abstract]
Components Of Property, Plant And Equipment	The components of property, plant and equipment were: APRIL 30 (in thousands) 2020 2019 Land $ 4,431 $ 4,751 Buildings and improvements 120,819 114,421 Buildings and improvements - financing leases 11,636 11,202 Machinery and equipment 312,806 294,993 Machinery and equipment - financing leases 30,911 30,574 Construction in progress 8,164 7,002 488,767 462,943 Less accumulated amortization and depreciation (284,943 ) (254,680 ) Total $ 203,824 $ 208,263

Intangible Assets and Tradema_2

Intangible Assets and Trademarks (Tables)	12 Months Ended
	Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Intangible Assets	The components of customer relationships intangibles were: APRIL 30 (in thousands) 2020 2019 Customer relationship intangibles $ 274,000 $ 274,000 Less accumulated amortization (106,556 ) (60,889 ) Total $ 167,444 $ 213,111 The components of trademarks were: APRIL 30 (in thousands) 2020 2019 Trademarks $ 10,000 $ 10,000 Less accumulated amortization (7,778 ) (4,445 ) Total $ 2,222 $ 5,555

Loans Payable and Long-Term D_2

Loans Payable and Long-Term Debt (Tables)	12 Months Ended
	Apr. 30, 2020
Debt Disclosure [Abstract]
Schedule Of Debt Maturities	Maturities of long-term debt are as follows: FISCAL YEARS ENDING APRIL 30 (in thousands) 2021 2022 2023 2024 2025 2026 AND THERE- TOTAL OUTSTANDING AS OF APRIL 30, 2020 TOTAL OUTSTANDING AS OF APRIL 30, 2019 Term loans $ — $ — $ 244,000 $ — $ — $ — $ 244,000 $ 340,000 The Senior Notes — — — — — 350,000 350,000 350,000 Finance lease obligations 2,216 1,345 958 836 262 70 5,687 6,645 Other long-term debt — — 46 253 256 6,104 6,659 6,660 Total $ 2,216 $ 1,345 $ 245,004 $ 1,089 $ 518 $ 356,174 $ 606,346 $ 703,305 Debt issuance costs $ (9,209 ) $ (11,814 ) Current maturities $ (2,216 ) $ (2,286 ) Total long-term debt $ 594,921 $ 689,205

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Apr. 30, 2020
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) 2020 2019 2018 Numerator used in basic and diluted earnings per common share: Net income $ 74,861 $ 83,688 $ 63,141 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,908 17,289 16,631 Effect of dilutive securities: Stock options and restricted stock units 44 41 114 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,952 17,330 16,745 Net earnings per share Basic $ 4.43 $ 4.84 $ 3.80 Diluted $ 4.42 $ 4.83 $ 3.77

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Apr. 30, 2020
Share-based Payment Arrangement [Abstract]
Schedule Of Stock Option Activity	The following table presents a summary of the Company’s stock option activity for the fiscal years ended April 30, 2020, 2019 and 2018 (remaining contractual term in years and exercise prices are weighted-averages): NUMBER OF OPTIONS WEIGHTED AVERAGE REMAINING CONTRACTUAL TERM WEIGHTED AVERAGE EXERCISE PRICE AGGREGATE INTRINSIC VALUE Outstanding at April 30, 2017 54,918 5.6 $37.95 $ 2,963 Exercised (36,950 ) 0 34.90 1,748 Outstanding at April 30, 2018 17,968 4.5 $44.23 $ 682 Exercised (12,801 ) 0 39.04 651 Outstanding at April 30, 2019 5,167 6.1 $57.11 $ 170 Exercised (5,167 ) 0 57.11 — Outstanding at April 30, 2020 — 0 $— $ — Vested and expected to vest in the future at April 30, 2020 — 0 $— $ — Exercisable at April 30, 2020 — 0 $— $ —
Summary Of RSU's Activity	The following table contains a summary of the Company’s RSU activity for the fiscal years ended April 30, 2020, 2019 and 2018: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT Issued and outstanding, April 30, 2017 125,067 67,454 192,521 $50.09 Granted 33,080 22,250 55,330 $95.62 Cancelled due to non-achievement of performance goals — — — $— Settled in common stock (51,191 ) (28,447 ) (79,638 ) $32.96 Forfeited (9,305 ) (6,198 ) (15,503 ) $71.91 Issued and outstanding, April 30, 2018 97,651 55,059 152,710 $73.34 Granted 45,615 30,335 75,950 $104.10 Cancelled due to non-achievement of performance goals (10,352 ) — (10,352 ) $80.26 Settled in common stock (34,475 ) (18,778 ) (53,253 ) $60.50 Forfeited (9,257 ) (5,347 ) (14,604 ) $79.49 Issued and outstanding, April 30, 2019 89,182 61,269 150,451 $76.91 Granted 61,379 42,691 104,070 $53.95 Cancelled due to non-achievement of performance goals (11,305 ) — (11,305 ) $85.13 Settled in common stock (18,628 ) (21,521 ) (40,149 ) $67.03 Forfeited (2,941 ) (3,229 ) (6,170 ) $86.68 Issued and outstanding, April 30, 2020 117,687 79,210 196,897 $66.68
Stock-Based Compensation Expense Allocated	For the fiscal years ended April 30, 2020, 2019 and 2018 stock-based compensation expense was allocated as follows: (in thousands) 2020 2019 2018 Cost of sales and distribution $ 809 $ 691 $ 667 Selling and marketing expenses 1,006 649 756 General and administrative expenses 2,174 1,700 1,674 Stock-based compensation expense, before income taxes $ 3,989 $ 3,040 $ 3,097

Employee Benefit and Retireme_2

Employee Benefit and Retirement Plans (Tables)	12 Months Ended
	Apr. 30, 2020
Retirement Benefits [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) 2020 2019 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 168,788 $ 163,423 Interest cost 5,974 6,269 Actuarial gains 22,293 4,850 Benefits paid (5,871 ) (5,754 ) Projected benefit obligation at end of year $ 191,184 $ 168,788 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 169,471 $ 156,463 Actual return on plan assets 26,674 11,479 Company contributions 469 7,283 Benefits paid (5,871 ) (5,754 ) Fair value of plan assets at end of year $ 190,743 $ 169,471 Funded status of the plans $ (441 ) $ 683
Net Periodic Pension Cost	The accumulated benefit obligation for both pension plans was $191.2 million and $168.8 million at April 30, 2020 and 2019, respectively. APRIL 30 (in thousands) 2020 2019 2018 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 5,974 $ 6,269 $ 5,727 Expected return on plan assets (8,327 ) (8,509 ) (8,936 ) Recognized net actuarial loss 1,692 1,648 1,601 Pension benefit cost $ (661 ) $ (592 ) $ (1,608 )
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 2020 2019 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate 3.16 % 4.02 % FISCAL YEARS ENDED APRIL 30 2020 2019 2018 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 4.02 % 4.18 % 4.12% Expected return on plan assets 5.0 % 5.5 % 6.5 %
Schedule Of Expected Future Benefit Payments	The following benefit payments are expected to be paid: FISCAL YEAR BENEFIT PAYMENTS (in thousands) 2021 $ 6,913 2022 7,263 2023 7,653 2024 8,048 2025 8,413 Years 2026-2030 47,525
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, 2020 and 2019 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2020 FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 490 $ 490 $ 0 $ — Equity Funds: US Equity 37,569 37,569 — — International Equity 24,578 24,578 — Fixed Income Funds: Investment Grade Fixed Income 128,106 128,106 — — Total plan assets 190,743 190,743 — — FAIR VALUE MEASUREMENTS AT APRIL 30, 2019 FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT FAIR VALUE MEASUREMENTS AT (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 469 $ 469 — — Equity Funds: US Equity 31,143 31,143 — — International Equity 20,553 20,553 Fixed Income Funds: — — Investment Grade Fixed Income 117,306 117,306 — — Total plan assets $ 169,471 $ 169,471 — —
Schedule Of Allocation Of Plan Assets	The Company’s pension plans’ weighted-average asset allocations at April 30, 2020 and 2019, by asset category, were as follows: PLAN ASSET ALLOCATION 2020 2020 2019 APRIL 30 TARGET ACTUAL ACTUAL Equity Funds 30.0 % 33.0 % 31.0 % Fixed Income Funds 70.0 % 67.0 % 69.0 % Total 100.0 % 100.0 % 100.0 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Apr. 30, 2020
Income Tax Disclosure [Abstract]
Schedule Of Income Tax Expense	Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2020 2019 2018 CURRENT EXPENSE Federal $ 29,072 $ 25,649 $ 8,668 State 7,581 8,231 1,290 Foreign 533 1,125 257 Total current expense 37,186 35,005 10,215 DEFERRED EXPENSE Federal (7,167 ) (4,498 ) 17,833 State (4,190 ) (3,266 ) 3,642 Foreign (142 ) (41 ) (71 ) Total deferred (benefit) expense (11,499 ) (7,805 ) 21,404 Total expense 25,687 27,200 31,619 Other comprehensive income (loss) (573 ) 190 50 Total comprehensive income tax expense $ 25,114 $ 27,390 $ 31,669
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 2020 2019 2018 Federal statutory rate 21.0 % 21.0 % 30.4 % Effect of: Federal income tax credits (0.9 )% (1.4 )% (0.5 )% Acquisition and integration costs — — 1.2 Stock compensation (0.1 ) (0.5 ) (2.4 ) Meals and entertainment 0.3 0.3 0.3 Effect of Tax Act — (1.1 ) 1.2 Domestic production deduction — — (0.8 ) Valuation allowance for deferred taxes 0.7 0.6 — Foreign 0.4 0.8 — Other 0.7 1.2 0.4 Total 1.1 % (0.1 )% (0.6 )% Effective federal income tax rate 22.1 % 20.9 % 29.8 % State income taxes, net of federal tax effect 3.4 3.6 3.6 Effective income tax rate 25.5 % 24.5 % 33.4 %
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) 2020 2019 Deferred tax assets: Accounts receivable $ 1,730 $ 1,852 Product liability 862 2,133 Employee benefits 5,189 6,192 Tax credit carryforwards 4,995 4,439 Operating leases 33,258 — Other 4,330 3,272 Gross deferred tax assets, before valuation allowance 50,364 17,888 Valuation allowance (4,415 ) (3,630 ) Gross deferred tax assets, after valuation allowance 45,949 14,258 Deferred tax liabilities: Pension benefits — 119 Inventory 125 76 Depreciation 24,147 23,721 Intangibles 40,677 53,259 Operating leases 32,325 — Other 695 1,059 Gross deferred tax liabilities 97,969 78,234 Net deferred tax liability $ 52,020 $ 63,976
Schedule of Unrecognized Tax Benefits Roll Forward	The following table summarizes the activity related to unrecognized tax benefits, excluding the federal tax benefit of state tax deductions: APRIL 30 (in thousands) 2020 2019 Change in Unrecognized Tax Benefits Balance at beginning of year $ 2,240 $ 928 Additions based on tax positions related to the current year 65 120 Additions for tax positions of prior years — 1,192 Balance at end of year $ 2,305 $ 2,240

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Apr. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Reconciliation Of Warranty Liability	The following is a reconciliation of the Company’s warranty liability: APRIL 30 (in thousands) 2020 2019 PRODUCT WARRANTY RESERVE Beginning balance $ 4,616 $ 4,045 Accrual for warranties 21,886 24,994 Settlements (22,749 ) (24,423 ) Ending balance at fiscal year end $ 3,753 $ 4,616

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Apr. 30, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table disaggregates our consolidated revenue by major sales distribution channels for the years ended April 30, 2020 , 2019 and 2018 : FISCAL YEARS ENDED APRIL 30 (in thousands) 2020 2019 2018 Home center retailers $ 768,043 $ 788,803 $ 493,904 Builders 668,765 631,474 557,382 Independent dealers and distributors 213,525 225,042 198,988 Net Sales $ 1,650,333 $ 1,645,319 $ 1,250,274

Credit Concentration (Tables)

Credit Concentration (Tables)	12 Months Ended
	Apr. 30, 2020
Risks and Uncertainties [Abstract]
Summary Of Percentage Of Sales	The following table summarizes the percentage of net sales to the Company's two largest customers for the last three fiscal years: PERCENT OF ANNUAL NET SALES 2020 2019 2018 Customer A 29.3% 29.3% 23.5% Customer B 17.2% 18.6% 16.0%

Leases (Tables)

Leases (Tables)	12 Months Ended
	Apr. 30, 2020
Leases [Abstract]
Schedule of Lease Costs	The components of lease costs were as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 2,582 Interest on lease liabilities 205 Operating lease cost 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED (in thousands) APRIL 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 205 Operating cash flows for operating leases 22,595 Financing cash flows for financing leases 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 3.36 Weighted average remaining lease term - operating leases 7.41 Weighted average discount rate Weighted average discount rate - finance leases 3.19 % Weighted average discount rate - operating leases 4.27 %
Finance Lease, Liability, Maturity	The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2020 : FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2021 $ 24,071 $ 2,359 2022 20,886 1,423 2023 19,870 1,003 2024 17,977 858 2025 15,859 267 Thereafter 55,609 71 Total lease payments 154,272 5,981 Less imputed interest (22,922 ) (294 ) Total lease liability $ 131,350 $ 5,687 Current maturities (18,896 ) (2,216 ) Lease liability - long-term $ 112,454 $ 3,471 Lease assets $ 127,668 $ 10,248
Lessee, Operating Lease, Liability, Maturity	The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2020 : FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2021 $ 24,071 $ 2,359 2022 20,886 1,423 2023 19,870 1,003 2024 17,977 858 2025 15,859 267 Thereafter 55,609 71 Total lease payments 154,272 5,981 Less imputed interest (22,922 ) (294 ) Total lease liability $ 131,350 $ 5,687 Current maturities (18,896 ) (2,216 ) Lease liability - long-term $ 112,454 $ 3,471 Lease assets $ 127,668 $ 10,248
Schedule of Future Minimum Lease Payments for Capital Leases	As we have not restated prior year information for our adoption of ASC 842, the following presents our future minimum lease payments for operating and capital leases under ASC 840 on April 30, 2019: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2020 $ 17,943 $ 2,456 2021 17,649 1,953 2022 12,435 1,013 2023 10,636 705 2024 9,854 701 Thereafter 38,871 166 $ 107,388 $ 6,994 Less amounts representing interest (2% - 6.5%) (349 ) $ 6,645
Schedule of Future Minimum Rental Payments for Operating Leases	As we have not restated prior year information for our adoption of ASC 842, the following presents our future minimum lease payments for operating and capital leases under ASC 840 on April 30, 2019: FISCAL YEAR OPERATING (in thousands) CAPITAL (in thousands) 2020 $ 17,943 $ 2,456 2021 17,649 1,953 2022 12,435 1,013 2023 10,636 705 2024 9,854 701 Thereafter 38,871 166 $ 107,388 $ 6,994 Less amounts representing interest (2% - 6.5%) (349 ) $ 6,645

Restructuring Charges Restructu

Restructuring Charges Restructuring Charges (Tables)	12 Months Ended
	Apr. 30, 2020
Restructuring and Related Activities [Abstract]
Restructuring Charges Reserve	A reserve for restructuring charges is included in accrued compensation and related expenses in the consolidated balance sheets as of April 30, 2020 and 2019 which relates to employee termination costs accrued but not yet paid as follows: APRIL 30 (in thousands) 2020 2019 Restructuring reserve balance, beginning of year $ 387 $ — Expense (18 ) 1,987 Payments and adjustments (180 ) (1,600 ) Restructuring reserve balance, end of year $ 189 $ 387

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Apr. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Of Assets On Recurring Basis	The following table summarizes the fair value of assets and liabilities that are recorded in the Company’s consolidated financial statements as of April 30, 2020 and 2019 at fair value on a recurring basis: FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2020 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 773 $ 0 $ 0 LIABILITIES: Foreign exchange forward contracts — (1,102 ) 0 FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2019 (in thousands) LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Certificates of deposit $ 1,500 $ — $ — Mutual funds 1,604 — — Total assets at fair value $ 3,104 $ — $ —

Quarterly Financial Data (Una_2

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Apr. 30, 2020
Quarterly Financial Information Disclosure [Abstract]
Schedule Of Quarterly Financial Information	FISCAL 2020 07/31/19 10/31/19 01/31/20 04/30/20 (in thousands, except per share amounts) Net sales $ 427,365 $ 428,016 $ 395,755 $ 399,197 Gross profit 94,519 87,050 72,348 75,269 Income before income taxes 36,338 29,978 17,274 16,958 Net income 26,881 22,163 12,804 13,013 Earnings per share Basic $ 1.59 $ 1.31 $ 0.76 $ 0.77 Diluted $ 1.59 $ 1.31 $ 0.75 $ 0.77 FISCAL 2019 07/31/18 10/31/18 01/31/19 04/30/19 (in thousands, except per share amounts) Net sales $ 428,962 $ 424,878 $ 384,080 $ 407,399 Gross profit 95,736 86,762 76,853 87,122 Income before income taxes 32,539 25,409 24,126 28,814 Net income 24,767 18,488 18,409 22,024 Earnings per share Basic $ 1.41 $ 1.05 $ 1.07 $ 1.31 Diluted $ 1.41 $ 1.05 $ 1.07 $ 1.30

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Millions	2 Months Ended	12 Months Ended
	Jun. 29, 2020plan	Apr. 30, 2020USD ($)plan	Apr. 30, 2019USD ($)	Apr. 30, 2018USD ($)	Apr. 30, 2020MXN ($)	Apr. 30, 2020USD ($)	May 01, 2019USD ($)
Summary Of Significant Accounting Policies [Line Items]
Advertising costs		$ 33,900,000	$ 38,900,000	$ 40,100,000
Impairment of long-lived assets		0	0	0
Impairment of goodwill		0	0	0
Impairment of intangible assets		$ 0	0	0
Number of defined benefit pension plans | plan		2
Operating lease right-of-use assets						$ 127,668,000
Operating lease liability						131,350,000
Accounting Standards Update 2016-02 [Member]
Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets							$ 80,400,000
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Intangible assets, useful life		3 years
Minimum [Member] | Accounting Standards Update 2016-02 [Member]
Summary Of Significant Accounting Policies [Line Items]
Operating lease liability						95,000,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Intangible assets, useful life		6 years
Maximum [Member] | Accounting Standards Update 2016-02 [Member]
Summary Of Significant Accounting Policies [Line Items]
Operating lease liability						115,000,000
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		12 years
Promotional Display [Member]
Summary Of Significant Accounting Policies [Line Items]
Amortization		$ 8,200,000	$ 6,400,000	$ 4,500,000
Promotional Display [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives		24 months
Promotional Display [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives		60 months
Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Number of defined benefit pension plans | plan	1
Forward Contracts [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative, Notional Amount					$ 327
Derivative Liability						$ 1,100,000
Forward Contracts [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative, Forward Exchange Rate					22.18	22.18
Forward Contracts [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative, Forward Exchange Rate					23.42	23.42

Acquisition of RSI Home Produ_3

Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") (Narrative) (Details) - USD ($)	Dec. 29, 2017	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2018	Jul. 31, 2018	Apr. 30, 2018	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018	Feb. 12, 2018	May 01, 2016
Business Acquisition [Line Items]
Cash consideration, net of cash acquired											$ 0	$ 7,182,000	$ 57,200,000
Goodwill, net		$ 767,612,000				$ 767,612,000					767,612,000	767,612,000
Customer receivables	$ 57,100,000
Allowance for returns and discounts	2,400,000
Net sales		399,197,000	$ 395,755,000	$ 428,016,000	$ 427,365,000	407,399,000	$ 384,080,000	$ 424,878,000	$ 428,962,000		1,650,333,000	1,645,319,000	1,250,274,000
Operating profit											132,262,000	141,694,000	107,705,000
Charge to cost of sales as a result of the step up of inventory											$ 1,321,147,000	$ 1,298,846,000	994,871,000
Transaction costs													$ 8,500,000
Statutory tax rate											21.00%	21.00%	30.40%
Amortization expense, net of tax													$ 20,000,000
Interest expense, net of tax													2,400,000
RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Indebtedness assumed (including accrued interest)	589,000,000
Total accounting consideration paid	554,232,000
Cash consideration, net of cash acquired	$ 364,400,000
Newly issued shares (shares)	1,457,568
Value of newly issued common stock	$ 189,800,000
Price per share (usd per share)	$ 130.25
Goodwill, net	$ 767,612,000
Allowance for doubtful accounts	100,000
Net sales										$ 177,700,000
Operating profit										9,100,000
Transaction costs													12,900,000
Senior Notes [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Debt issued														$ 350,000,000
Revolving Credit Facility [Member]
Business Acquisition [Line Items]
Proceeds from term loan	50,000,000
Borrowed under the Credit Agreement		0				0					$ 0	$ 0
Revolving Credit Facility [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Proceeds from term loan	50,000,000
Revolving Credit Facility [Member] | Revolving Facility [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity	100,000,000
Revolving Credit Facility [Member] | Credit Agreement [Member]
Business Acquisition [Line Items]
Borrowed under the Credit Agreement															$ 300,000,000
Letter of Credit [Member] | Revolving Facility [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity	25,000,000
Loans Payable [Member] | Initial Term Loan [Member]
Business Acquisition [Line Items]
Debt issued	250,000,000
Borrowed under the Credit Agreement		122,000,000				170,000,000					122,000,000	170,000,000
Loans Payable [Member] | Initial Term Loan [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity	$ 250,000,000
Loan facility term	5 years
Loans Payable [Member] | Delayed Draw Term Loan [Member]
Business Acquisition [Line Items]
Debt issued	$ 250,000,000
Borrowed under the Credit Agreement		$ 170,000,000				$ 230,000,000					$ 170,000,000	$ 230,000,000
Loans Payable [Member] | Delayed Draw Term Loan [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity	$ 250,000,000
Fair Value Adjustment to Inventory [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Charge to cost of sales as a result of the step up of inventory										$ 6,300,000			$ 4,100,000
Pro Forma [Member]
Business Acquisition [Line Items]
Statutory tax rate													34.40%

Acquisition of RSI Home Produ_4

Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") (Preliminary Purchase Price Allocation) (Details) - USD ($) $ in Thousands	Dec. 29, 2017	Apr. 30, 2020	Apr. 30, 2019
Business Acquisition [Line Items]
Goodwill, net		$ 767,612	$ 767,612
RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Goodwill, net	$ 767,612
Property, plant and equipment	86,275
Inventories	66,293
Customer receivables	54,649
Income taxes receivable	18,926
Prepaid expenses and other	4,571
Leasehold interests	151
Total identifiable assets and goodwill acquired	1,282,477
Debt	602,313
Deferred income taxes	67,542
Accrued expenses	30,240
Accounts payable	25,113
Notes payable	2,988
Income taxes payable	49
Total liabilities assumed	728,245
Total accounting consideration	554,232
Customer Relationships [Member] | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Intangibles	274,000
Trademarks, net | RSI Home Products, Inc. [Member]
Business Acquisition [Line Items]
Intangibles	$ 10,000

Acquisition of RSI Home Produ_5

Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") (Supplemental Pro Forma Financial Information) (Details) - RSI Home Products, Inc. [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Apr. 30, 2018USD ($)$ / shares
Business Acquisition [Line Items]
Net Sales	$ 1,613,663
Net Income	$ 67,388
Net earnings per share - basic (usd per share) | $ / shares	$ 3.83
Net earnings per share - diluted (usd per share) | $ / shares	$ 3.80
Pro Forma [Member]
Business Acquisition [Line Items]
Stock compensation expense	$ 17,500

Customer Receivables (Component

Customer Receivables (Components Of Customer Receivables) (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Receivables [Abstract]
Gross customer receivables	$ 112,528	$ 132,145
Allowance for doubtful accounts	(472)	(249)
Allowance for returns and discounts	(5,712)	(5,995)
Net customer receivables	$ 106,344	$ 125,901

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 51,460	$ 46,054
Work-in-process	42,381	43,794
Finished goods	32,572	34,873
Total FIFO inventories	126,413	124,721
Reserve to adjust inventories to LIFO value	(14,577)	(16,193)
Total inventory	111,836	108,528
Carried under FIFO	66,000	58,600
Carried under LIFO	$ 45,800	$ 49,900

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 488,767	$ 462,943
Less accumulated amortization and depreciation	(284,943)	(254,680)
Property, Plant and Equipment, Net, Total	203,824	208,263
Amortization and depreciation expense on property, plant and equipment	36,900	36,200	$ 21,900
Accumulated amortization on capital leases	32,300	30,800
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,431	4,751
Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	120,819	114,421
Building And Improvements - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,636	11,202
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	312,806	294,993
Machinery And Equipment - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	30,911	30,574
Construction In Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 8,164	$ 7,002

Intangible Assets and Tradema_3

Intangible Assets and Trademarks (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles, gross	$ 274,000	$ 274,000
Less accumulated amortization	(106,556)	(60,889)
Intangibles, net	167,444	213,111
Trademarks, net
Finite-Lived Intangible Assets [Line Items]
Intangibles, gross	10,000	10,000
Less accumulated amortization	(7,778)	(4,445)
Intangibles, net	$ 2,222	$ 5,555

Intangible Assets and Tradema_4

Intangible Assets and Trademarks Narrative (Details) $ in Millions	12 Months Ended
	Apr. 30, 2020USD ($)
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 49
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life	6 years
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life	3 years

Loans Payable and Long-Term D_3

Loans Payable and Long-Term Debt (Schedule Of Debt Maturities) (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Debt Instrument [Line Items]
2020	$ 2,216
2021	1,345
2022	245,004
2023	1,089
2024	518
2025 and thereafter	356,174
Total	606,346	$ 703,305
Debt issuance costs	(9,209)	(11,814)
Current maturities	(2,216)	(2,286)
Total long-term debt	594,921	689,205
Term Loans [Member]
Debt Instrument [Line Items]
2020	0
2021	0
2022	244,000
2023	0
2024	0
2025 and thereafter	0
Total	244,000	340,000
Senior Notes [Member]
Debt Instrument [Line Items]
2020	0
2021	0
2022	0
2023	0
2024	0
2025 and thereafter	350,000
Total	350,000	350,000
Economic Development Loans [Member]
Debt Instrument [Line Items]
2020	2,216
2021	1,345
2022	958
2023	836
2024	262
2025 and thereafter	70
Total	5,687	6,645
Other Long-term Debt [Member]
Debt Instrument [Line Items]
2020	0
2021	0
2022	46
2023	253
2024	256
2025 and thereafter	6,104
Total	$ 6,659	$ 6,660

Loans Payable and Long-Term D_4

Loans Payable and Long-Term Debt (Narrative) (Details) - USD ($)	Dec. 29, 2017	Jan. 25, 2016	Apr. 30, 2020	Apr. 30, 2019	Feb. 12, 2018
Debt Instrument [Line Items]
Debt, outstanding balance			$ 606,346,000	$ 703,305,000
New Markets Tax Credit Investment		$ 2,300,000
New Markets Tax Credit, Recapture Period		7 years
Debt issuance costs			9,209,000	11,814,000
Outstanding amounts under finance lease obligations			5,687,000	6,600,000
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]
Financing Receivable, after Allowance for Credit Loss, Noncurrent		$ 4,300,000
Long-term Debt [Member]
Debt Instrument [Line Items]
Amount drawn on loan			6,700,000
Initial Term Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Amount outstanding			122,000,000	170,000,000
Loan agreement amount	$ 250,000,000
Initial Term Loan And Delayed Draw Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Amount outstanding			244,000,000	340,000,000
Delayed Draw Term Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Amount outstanding			170,000,000	230,000,000
Loan agreement amount	250,000,000
4.875% Senior Notes Due 2026 [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Loan agreement amount					$ 350,000,000
Debt instrument, interest rate, stated percentage					4.875%
RSI Notes [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			330,000,000
Long-term Debt			$ 350,000,000
Minimum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)			3.50%
Maximum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)			6.50%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amount outstanding			$ 0	$ 0
Total Secured Debt To EBITDA Ratio			2.50
Proceeds from term loan	50,000,000
Line of Credit Facility, Commitment Fee Percentage			0.175%
Total Funded Debt to EBITDA Ratio, thereafter			3.25
Total Funded Debt to EBITDA Ratio upon Qualified Acquisition			3.75
Fixed Charge Coverage Ratio			1.25
Total Funded Debt to EBITDA Ratio to Permit Unlimited Restricted Payments			2.50
Debt Covenant, Permitted Restricted Payments			$ 50,000,000
Total Funded Debt to EBITDA Ratio, applicable to the exception permitting unlimited restricted payments, amended			2.75
Revolving Credit Facility [Member] | Wells Fargo [Member]
Debt Instrument [Line Items]
Line Of Credit Facility, Agreement Terminated	35,000,000
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Spread on interest rate			0.50%
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Spread on interest rate			1.50%
RSI Home Products, Inc. [Member]
Debt Instrument [Line Items]
Indebtedness assumed (including accrued interest)	$ 589,000,000
RSI Home Products, Inc. [Member] | Initial Term Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Loan term	5 years
RSI Home Products, Inc. [Member] | RSI Notes [Member]
Debt Instrument [Line Items]
Indebtedness assumed (including accrued interest)	$ 589,000,000
RSI Home Products, Inc. [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Proceeds from term loan	$ 50,000,000

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, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2018	Jul. 31, 2018	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Earnings Per Share [Abstract]
Net income	$ 13,013	$ 12,804	$ 22,163	$ 26,881	$ 22,024	$ 18,409	$ 18,488	$ 24,767	$ 74,861	$ 83,688	$ 63,141
Denominator for basic earnings per common share - weighted-average shares									16,908	17,289	16,631
Stock options and restricted stock units									44	41	114
Denominator for diluted earnings (loss) per common share - weighted-average shares and assumed conversions									16,952	17,330	16,745
Net earnings per share, Basic (usd per share)	$ 0.77	$ 0.76	$ 1.31	$ 1.59	$ 1.31	$ 1.07	$ 1.05	$ 1.41	$ 4.43	$ 4.84	$ 3.80
Net earnings per share, Diluted (usd per share)	$ 0.77	$ 0.75	$ 1.31	$ 1.59	$ 1.30	$ 1.07	$ 1.05	$ 1.41	$ 4.42	$ 4.83	$ 3.77

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - USD ($)	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018	Aug. 22, 2019	Nov. 28, 2018	Nov. 30, 2016
Earnings Per Share [Abstract]
Potentially dilutive shares	0		0
Stock Repurchase Program, Authorized Amount	$ 0			$ 50,000,000	$ 14,000,000	$ 50,000,000
Treasury Stock, Shares, Acquired		745,232	309,612
Treasury Stock, Value, Acquired, Cost Method		$ 50,000,000	$ 29,000,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2020USD ($)planperformance_periodawardshares	Apr. 30, 2019USD ($)	Apr. 30, 2018USD ($)
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	$ 3,989	$ 3,040	$ 3,097
Number of stock incentive plans | plan	2
Shares available for awards | shares	716,027
Contractual terms, years	0 years
Cash received from options exercised	$ 300	500	1,300
Accrued compensation and related expenses	$ 49,064	54,906
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	$ 7,900
Expected to be recognized over a weighted average period	1 year 7 months 6 days
Number of performance periods | performance_period	3
Performance period	1 year
Period to achieve cultural goals	3 years
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	6,483
Service-Based Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for grants | shares	3,482
Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, before income taxes	$ 0	500	$ 400
Vesting period, years	3 years
Accrued compensation and related expenses	$ 400	$ 700

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018	Apr. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Oustanding number of options, Beginning Balance	5,167	17,968	54,918
Options exercised	(5,167)	(12,801)	(36,950)
Oustanding number of options ending balance	0	5,167	17,968	54,918
Remaining contractual term outstanding	0 years	6 years 1 month 6 days	4 years 6 months	5 years 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Exercise price, beginning	$ 57.11	$ 44.23	$ 37.95
Exercise price, exercised	57.11	39.04	34.90
Exercise price, ending	$ 0	$ 57.11	$ 44.23	$ 37.95
Aggregate intrinsic value outstanding, beginning balance	$ 170	$ 682	$ 2,963
Aggregate intrinsic value, exercised	0	651	1,748
Aggregate intrinsic value outstanding, ending balance	$ 0	$ 170	$ 682	$ 2,963
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	0
Vested and expected to vest in the future, Remaining contractual term	0 years
Vested and expected to vest in the future, Exercise price	$ 0
Vested and expected to vest in the future, Aggregate intrinsic value	$ 0
Exercisable, Number of options	0
Exercisable, Remaining contractual term	0 years
Exercisable, Exercise price	$ 0
Exercisable, Aggregate intrinsic value	$ 0

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of RSU's Activity) (Details) - $ / shares	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
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	89,182	97,651	125,067
Granted	61,379	45,615	33,080
Cancelled due to non-achievement of performance goals	(11,305)	(10,352)	0
Settled in common stock	(18,628)	(34,475)	(51,191)
Forfeited	(2,941)	(9,257)	(9,305)
Issued and outstanding, ending balance	117,687	89,182	97,651
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	61,269	55,059	67,454
Granted	42,691	30,335	22,250
Cancelled due to non-achievement of performance goals	0	0	0
Settled in common stock	(21,521)	(18,778)	(28,447)
Forfeited	(3,229)	(5,347)	(6,198)
Issued and outstanding, ending balance	79,210	61,269	55,059
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	150,451	152,710	192,521
Granted	104,070	75,950	55,330
Cancelled due to non-achievement of performance goals	(11,305)	(10,352)	0
Settled in common stock	(40,149)	(53,253)	(79,638)
Forfeited	(6,170)	(14,604)	(15,503)
Issued and outstanding, ending balance	196,897	150,451	152,710
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	$ 76.91	$ 73.34	$ 50.09
Weighted average grant date fair value, Awarded	53.95	104.10	95.62
Weighted average grant date fair value, cancelled due to non-achievement of performance goals	85.13	80.26	0
Weighted average grant date fair value, settled in common shares	67.03	60.50	32.96
Weighted average grant date fair value, forfeited	86.68	79.49	71.91
Weighted average grant date fair value, ending balance	$ 66.68	$ 76.91	$ 73.34

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock-Based Compensation Expense Allocated) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 3,989	$ 3,040	$ 3,097
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	809	691	667
Selling And Marketing Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	1,006	649	756
General And Administrative Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 2,174	$ 1,700	$ 1,674

Employee Benefit and Retireme_3

Employee Benefit and Retirement Plans (Narrative) (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2020USD ($)plan	Apr. 30, 2019USD ($)	Apr. 30, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
Recognized expenses for profit-sharing contributions	$ 3,700	$ 3,800	$ 3,700
401(k) contributions, percent match of employee's annual contribution			100.00%
Effective maximum contribution of base earnings			4.00%
Number of defined benefit pension plans | plan	2
Accumulated other comprehensive loss	$ 68,600
Accumulated other comprehensive loss, net of tax	51,173	49,491
Expected recognized net actuarial losses in net periodic pension benefit cost, before tax	1,800
Expected recognized net actuarial losses in net periodic pension benefit cost, after tax	1,300
Accumulated benefit obligation	191,200	168,800
Company contributions	$ 469	$ 7,283
Plan asset actual allocation	100.00%	100.00%
Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset actual allocation	33.00%	31.00%
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%
401(k) Plan [Member] | Other Postretirement Benefits Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
401(k) contributions, percent match of employee's annual contribution	4.00%
Eligibility period	60 days
Expense for 401(k) matching contributions	$ 10,100	$ 9,900	$ 8,000
Maximum annual contribution per employee (as a percent)	3.00%
Annually escalated percent, beginning January 1, 2021	1.00%
Maximum escalated percent	8.00%
ERROR in label resolution.
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 Retireme_4

Employee Benefit and Retirement Plans (Reconciliation Of Benefit Obligations, Plan Assets, And Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Retirement Benefits [Abstract]
Projected benefit obligation at beginning of year	$ 168,788	$ 163,423
Interest cost	5,974	6,269	$ 5,727
Acturial (gains) and losses	22,293	4,850
Benefits paid	(5,871)	(5,754)
Projected benefit obligation at end of year	191,184	168,788	163,423
Fair value of plan assets at beginning of year	169,471	156,463
Actual return on plan assets	26,674	11,479
Company contributions	469	7,283
Benefits paid	(5,871)	(5,754)
Fair value of plan assets at end of year	190,743	169,471	$ 156,463
Funded status of the plan	$ (441)	$ 683

Employee Benefit and Retireme_5

Employee Benefit and Retirement Plans (Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Retirement Benefits [Abstract]
Interest cost	$ 5,974	$ 6,269	$ 5,727
Expected return on plan assets	(8,327)	(8,509)	(8,936)
Recognized net actuarial loss	1,692	1,648	1,601
Pension benefit cost	$ (661)	$ (592)	$ (1,608)

Employee Benefit and Retireme_6

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, 2020	Apr. 30, 2019	Apr. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.16%	4.02%
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.02%	4.18%	4.12%
Expected return on plan assets	5.00%	5.50%	6.50%

Employee Benefit and Retireme_7

Employee Benefit and Retirement Plans (Schedule Of Expected Future Benefit Payments) (Details) $ in Thousands	Apr. 30, 2020USD ($)
Retirement Benefits [Abstract]
2021	$ 6,913
2022	7,263
2023	7,653
2024	8,048
2025	8,413
Years 2026-2030	$ 47,525

Employee Benefit and Retireme_8

Employee Benefit and Retirement Plans (Schedule Of Pension Assets By Major Category Of Plan Assets And Type Of Fair Value Measurements) (Details) - USD ($)	Apr. 30, 2020	Apr. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	$ 190,743,000	$ 169,471,000
QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	190,743,000	169,471,000
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	490,000	469,000
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	490,000	469,000
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	37,569,000	31,143,000
Mutual Fund Equity [Member] | QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	37,569,000	31,143,000
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
International Equity [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	24,578,000	20,553,000
International Equity [Member] | QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	24,578,000	20,553,000
International Equity [Member] | SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	0
International Equity [Member] | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value
Mutual Fund Income Tax [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	128,106,000	117,306,000
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	128,106,000	117,306,000
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

Employee Benefit and Retireme_9

Employee Benefit and Retirement Plans (Schedule Of Allocation Of Plan Assets) (Details)	Apr. 30, 2020	Apr. 30, 2019
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	30.00%
Plan asset actual allocation	33.00%	31.00%
Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	70.00%
Plan asset actual allocation	67.00%	69.00%

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
CURRENT EXPENSE
Federal	$ 29,072	$ 25,649	$ 8,668
State	7,581	8,231	1,290
Foreign	533	1,125	257
Total current expense	37,186	35,005	10,215
DEFERRED EXPENSE
Federal	(7,167)	(4,498)	17,833
State	(4,190)	(3,266)	3,642
Deferred Foreign Income Tax Expense (Benefit)	(142)	(41)	(71)
Total deferred (benefit) expense	(11,499)	(7,805)	21,404
Total expense	25,687	27,200	31,619
Other comprehensive income (loss)	(573)	190	50
Total comprehensive income tax expense	$ 25,114	$ 27,390	$ 31,669

Income Taxes (Schedule Of Effec

Income Taxes (Schedule Of Effective Income Tax Rate Reconciliation) (Details)	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Income Tax Disclosure [Abstract]
Federal statutory rate	21.00%	21.00%	30.40%
Federal income tax credits	(0.90%)	(1.40%)	(0.50%)
Acquisition and integration costs	0.00%	0.00%	1.20%
Stock compensation	(0.10%)	(0.50%)	(2.40%)
Meals and entertainment	0.30%	0.30%	0.30%
Effect of Tax Act	0.00%	(1.10%)	1.20%
Domestic production deduction	0.00%	0.00%	(0.80%)
Valuation allowance for deferred taxes	0.70%	0.60%	0.00%
Foreign	0.40%	0.80%	0.00%
Other	0.70%	1.20%	0.40%
Total	1.10%	(0.10%)	(0.60%)
Effective federal income tax rate	22.10%	20.90%	29.80%
State income taxes, net of federal tax effect	3.40%	3.60%	3.60%
Effective income tax rate	25.50%	24.50%	33.40%

Income Taxes (Schedule Of Signi

Income Taxes (Schedule Of Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Deferred tax assets:
Accounts receivable	$ 1,730	$ 1,852
Product liability	862	2,133
Employee benefits	5,189	6,192
Operating leases	33,258
Other	4,330	3,272
Gross deferred tax assets, before valuation allowance	50,364	17,888
Valuation allowance	(4,415)	(3,630)
Gross deferred tax assets, after valuation allowance	45,949	14,258
Deferred tax liabilities:
Pension benefits	0	119
Inventory	125	76
Depreciation	24,147	23,721
Intangibles	40,677	53,259
Operating leases	32,325
Other	695	1,059
Total	97,969	78,234
Net deferred tax liability	52,020	63,976
State [Member]
Deferred tax assets:
Tax credit carryforwards	$ 4,995	$ 4,439

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Tax Credit Carryforward [Line Items]
Valuation allowance	$ 4,415	$ 3,630
State [Member]
Tax Credit Carryforward [Line Items]
Gross amount of state tax credit carryforwards	3,900	4,600
Net deferred tax assets related to tax credit carryforwards	600	800
State [Member] | Other Liabilities [Member]
Tax Credit Carryforward [Line Items]
Net deferred tax assets related to tax credit carryforwards	800	1,000
Foreign Tax Authority [Member]
Tax Credit Carryforward [Line Items]
Valuation allowance	500
Gross amount of state tax credit carryforwards	1,200	$ 700
Investment Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Valuation allowance	$ 200

Income Taxes income Taxes (Chan

Income Taxes income Taxes (Change in Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019
Change in Unrecognized Tax Benefits
Balance at beginning of year	$ 2,240	$ 928
Additions based on tax positions related to the current year	65	120
Additions for tax positions of prior years	0	1,192
Balance at end of year	$ 2,305	$ 2,240

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details)	12 Months Ended
	Apr. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Warranty claims, period from original ship date	2 months

Commitments and Contingencies_3

Commitments and Contingencies (Reconciliation Of Warranty Liability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 4,616	$ 4,045
Accrual for warranties	21,886	24,994
Settlements	(22,749)	(24,423)
Ending balance at fiscal year end	$ 3,753	$ 4,616

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Disaggregation of Revenue [Line Items]
Net Sales	$ 1,650,333	$ 1,645,319	$ 1,250,274
Home center retailers
Disaggregation of Revenue [Line Items]
Net Sales	768,043	788,803	493,904
Builders
Disaggregation of Revenue [Line Items]
Net Sales	668,765	631,474	557,382
Independent dealers and distributors
Disaggregation of Revenue [Line Items]
Net Sales	$ 213,525	$ 225,042	$ 198,988

Credit Concentration (Details)

Credit Concentration (Details)	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Accounts Receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	26.40%	28.20%
Accounts Receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	22.90%	25.90%
Sales Revenue, Gross [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	29.30%	29.30%	23.50%
Sales Revenue, Gross [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	17.20%	18.60%	16.00%

Leases - Components of Lease Co

Leases - Components of Lease Costs (Details)	12 Months Ended
	Apr. 30, 2020USD ($)
Lease, Cost [Abstract]
Reduction in the carrying value of right-of-use assets	$ 2,582,000
Interest on lease liabilities	205,000
Operating lease cost	25,405,000
Operating cash flows for finance leases	205,000
Operating cash flows for operating leases	22,595,000
Financing cash flows for financing leases	2,512,000
Right-of-use assets obtained in exchange for new finance lease liabilities	1,650
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 72,703
Weighted average remaining lease term - finance leases	3 years 4 months 9 days
Weighted average remaining lease term - operating leases	7 years 4 months 28 days
Weighted average discount rate - finance leases (percent)	3.19%
Weighted average discount rate - operating leases (percent)	4.27%

Leases - Fiscal Year Maturity o

Leases - Fiscal Year Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
Operating Lease Maturities
2021	$ 24,071
2022	20,886
2023	19,870
2024	17,977
2025	15,859
Thereafter	55,609
Total lease payments	154,272
Less imputed interest	(22,922)
Total lease liability	131,350
Current maturities	(18,896)
Long-term lease liability - operating	112,454
Operating lease right-of-use assets	127,668
Finance Lease Maturities
2021	2,359
2022	1,423
2023	1,003
2024	858
2025	267
Thereafter	71
Total lease payments	5,981
Less imputed interest	(294)
Total lease liability	5,687	$ 6,600
Current maturities	(2,216)
Lease liability - long-term	3,471
Lease assets	$ 10,248

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) $ in Thousands	Apr. 30, 2019USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2020	$ 17,943
2021	17,649
2022	12,435
2023	10,636
2024	9,854
Thereafter	38,871
Total, Operating	107,388
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments, Fiscal Year Maturity [Abstract]
2020	2,456
2021	1,953
2022	1,013
2023	705
2024	701
Thereafter	166
Total, Capital	6,994
Less amounts representing interest (2% - 6.5%)	(349)
Total obligations under capital leases	$ 6,645
Minimum [Member]
Operating Leased Assets [Line Items]
Capital leases, interest rate, effective percentage	2.00%
Maximum [Member]
Operating Leased Assets [Line Items]
Capital leases, interest rate, effective percentage	6.50%

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Apr. 30, 2020	Jul. 31, 2019	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring charges, net	$ 200,000	$ 1,800,000	$ (18,000)	$ 1,987,000	$ 0
Restructuring reserve	$ 189,000		$ 189,000	$ 387,000	$ 0

Restructuring Charges Restruc_2

Restructuring Charges Restructuring Charges Reserve (Details) - USD ($)	3 Months Ended		12 Months Ended
	Apr. 30, 2020	Jul. 31, 2019	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Restructuring Reserve [Roll Forward]
Restructuring reserve balance, beginning of year		$ 387,000	$ 387,000	$ 0
Expense	$ 200,000	$ 1,800,000	(18,000)	1,987,000	$ 0
Payments and adjustments			(180,000)	(1,600,000)
Restructuring reserve balance, end of year	$ 189,000		$ 189,000	$ 387,000	$ 0

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Of Assets On Recurring Basis) (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Apr. 30, 2020	Apr. 30, 2019
LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		$ 3,104
LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		0
LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		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	$ 773	1,500
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		1,604
Foreign exchange forward contracts	0
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
Foreign exchange forward contracts	(1,102)
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
Foreign exchange forward contracts	$ 0

Quarterly Financial Data (Una_3

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2018	Jul. 31, 2018	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 399,197	$ 395,755	$ 428,016	$ 427,365	$ 407,399	$ 384,080	$ 424,878	$ 428,962	$ 1,650,333	$ 1,645,319	$ 1,250,274
Gross profit	75,269	72,348	87,050	94,519	87,122	76,853	86,762	95,736	329,186	346,473	255,403
Income before income taxes	16,958	17,274	29,978	36,338	28,814	24,126	25,409	32,539	100,548	110,888	94,760
Net income	$ 13,013	$ 12,804	$ 22,163	$ 26,881	$ 22,024	$ 18,409	$ 18,488	$ 24,767	$ 74,861	$ 83,688	$ 63,141
Earnings per share
Basic (usd per share)	$ 0.77	$ 0.76	$ 1.31	$ 1.59	$ 1.31	$ 1.07	$ 1.05	$ 1.41	$ 4.43	$ 4.84	$ 3.80
Diluted (usd per share)	$ 0.77	$ 0.75	$ 1.31	$ 1.59	$ 1.30	$ 1.07	$ 1.05	$ 1.41	$ 4.42	$ 4.83	$ 3.77

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 30, 2020	Jul. 31, 2019	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018	Jun. 29, 2020
Subsequent Event [Line Items]
Restructuring charges, net	$ 200	$ 1,800		$ (18)	$ 1,987	$ 0
Forecast [Member]
Subsequent Event [Line Items]
Restructuring charges, net			$ 1,500
Minimum [Member] | Subsequent Event
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							$ 3,000
Minimum [Member] | Subsequent Event | Employee Severance and Separation [Member]
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							500
Minimum [Member] | Subsequent Event | Asset impairment [Member]
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							2,500
Maximum [Member] | Subsequent Event
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							5,000
Maximum [Member] | Subsequent Event | Employee Severance and Separation [Member]
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							1,000
Maximum [Member] | Subsequent Event | Asset impairment [Member]
Subsequent Event [Line Items]
Expected restructuring costs to be incurred							$ 4,000

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2020	Apr. 30, 2019	Apr. 30, 2018
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 249	$ 259	$ 148
Additions (Reductions) Charged to Cost and Expenses	323	72	169
Other	0	0	78
Deductions	(100)	(82)	(136)
Balance at End of Year	472	249	259
Reserve for Cash Discounts [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	1,451	1,627	979
Additions (Reductions) Charged to Cost and Expenses	16,810	16,994	11,999
Other	0	0	584
Deductions	(17,090)	(17,170)	(11,935)
Balance at End of Year	1,171	1,451	1,627
Reserve for Sales Returns and Allowances [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	4,545	4,381	2,131
Additions (Reductions) Charged to Cost and Expenses	17,049	11,867	11,318
Other	0	0	1,829
Deductions	(17,053)	(11,703)	(10,897)
Balance at End of Year	$ 4,541	$ 4,545	$ 4,381

Uncategorized Items - amwd-2020

Label	Element	Value
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 8,740,000
AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (8,740,000)