American Woodmark (AMWD) 10-K 29 Jun 22 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Apr. 30, 2022	Jun. 17, 2022	Oct. 31, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Apr. 30, 2022
Current Fiscal Year End Date	--04-30
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
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1,129,507,601
Entity Common Stock, Shares Outstanding		16,593,644
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 18, 2022 ("Proxy Statement") are incorporated by reference into Part III of this Form 10-K.
Entity Central Index Key	0000794619
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Apr. 30, 2022
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Richmond, VA
Auditor Firm ID	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Current Assets
Cash and cash equivalents	$ 22,325	$ 91,071
Customer receivables, net	156,961	146,866
Total inventories	228,259	158,167
Prepaid expenses and other	21,112	13,861
Total Current Assets	428,657	409,965
Property, plant and equipment, net	213,808	204,002
Operating lease right-of-use assets	108,055	123,118
Finite-Lived Intangible Assets [Line Items]
Goodwill, net	767,612	767,612
Promotional displays, net	12,565	14,554
Deferred income taxes	1,469	1,118
Other assets	24,219	12,252
TOTAL ASSETS	1,632,496	1,654,399
Current Liabilities
Accounts payable	111,422	91,622
Current maturities of long-term debt	2,264	8,322
Short-term lease liability - operating	21,985	19,994
Accrued compensation and related expenses	44,436	58,577
Accrued marketing expenses	15,881	20,019
Other accrued expenses	20,240	21,913
Total Current Liabilities	216,228	220,447
Long-term debt, less current maturities	506,732	513,450
Deferred income taxes	38,340	42,891
Long-term lease liability - operating	95,084	109,628
Other long-term liabilities	3,229	11,745
Shareholders' Equity
Preferred Stock, Value, Issued	0	0
Common Stock, Value, Issued	363,224	362,524
Retained earnings	399,434	448,282
Accumulated other comprehensive loss -
Defined benefit pension plans	10,225	(54,568)
Total Shareholders' Equity	772,883	756,238
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,632,496	$ 1,654,399
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 outstanding	16,570,619	16,801,101
Preferred stock, par value	$ 1	$ 1
Customer relationships intangibles, net
Finite-Lived Intangible Assets [Line Items]
Intangibles, net	$ 76,111	$ 121,778

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
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	16,570,619	16,801,101
Common stock, shares outstanding	16,570,619	16,801,101
Long-term Debt and Lease Obligation, Current	$ 2,264	$ 8,322
Total long-term debt	$ 506,732	$ 513,450

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Income Statement [Abstract]
Net sales	$ 1,857,186,000	$ 1,744,014,000	$ 1,650,333,000
Cost of sales and distribution	1,630,742,000	1,421,896,000	1,323,771,000
Gross Profit	226,444,000	322,118,000	326,562,000
Selling and marketing expenses	92,555,000	89,011,000	83,092,000
General and administrative expenses	97,547,000	112,521,000	113,353,000
Restructuring charges, net	183,000	5,848,000	(18,000)
Operating Income	36,159,000	114,738,000	130,135,000
Interest expense, net	10,189,000	23,128,000	29,027,000
Pension settlement, net	68,473,000	0	0
Other expense, net	476,000	10,917,000	2,180,000
Income (Loss) Before Income Taxes	(42,979,000)	80,693,000	98,928,000
Income tax expense (benefit)	(13,257,000)	19,500,000	25,275,000
Net Income (Loss)	$ (29,722,000)	$ 61,193,000	$ 73,653,000
Earnings (loss) per share
Basic (usd per share)	$ (1.79)	$ 3.61	$ 4.36
Diluted (usd per share)	$ (1.79)	$ 3.59	$ 4.34

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (29,722)	$ 61,193	$ 73,653
Other comprehensive income (loss), net of tax:
Change in pension benefits, net of deferred taxes of $(1,156), $(573), and $190, respectively	54,568	(3,395)	(1,682)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	10,225	0	0
Total Comprehensive Income	$ 35,071	$ 57,798	$ 71,971

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Condensed Statement of Income Captions [Line Items]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 21,944	$ (1,156)	$ (573)
Other Comprehensive Income (Loss), Tax	8,687	18,344	24,702
Pension Plan, Defined Benefit [Member]
Condensed Statement of Income Captions [Line Items]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	18,481	$ (1,156)	$ (573)
Cash Flow Hedging
Condensed Statement of Income Captions [Line Items]
Other Comprehensive Income (Loss), Tax	$ 3,463

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, 2019		16,849,026
Beginning Balance at Apr. 30, 2019	$ 632,473	$ 352,424	$ 329,540	$ (49,491)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	73,653		73,653
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		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
Ending Balance at Apr. 30, 2020	711,450	$ 359,430	403,193	(51,173)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	61,193		61,193
Other comprehensive income (loss), net of tax	(3,395)			(3,395)
Stock-based compensation	4,598	$ 4,598
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares		29,019
Exercise of stock-based compensation awards, net of amounts withheld for taxes	(1,351)	$ (1,351)
Stock repurchases, shares		(200,046)
Stock repurchases	(20,000)	$ (3,896)	(16,104)
Employee benefit plan contributions, shares		45,591
Employee benefit plan contributions	$ 3,743	$ 3,743
Ending Balance, Shares at Apr. 30, 2021	16,801,101	16,801,101
Ending Balance at Apr. 30, 2021	$ 756,238	$ 362,524	448,282	(54,568)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(29,722)		(29,722)
Other comprehensive income (loss), net of tax	64,793			64,793
Stock-based compensation	4,708	$ 4,708
Exercise of stock-based compensation awards, net of amounts withheld for taxes, shares		29,808
Exercise of stock-based compensation awards, net of amounts withheld for taxes	(1,072)	$ (1,072)
Stock repurchases, shares		(299,781)
Stock repurchases	(25,000)	$ (5,874)	(19,126)
Employee benefit plan contributions, shares		39,491
Employee benefit plan contributions	$ 2,938	$ 2,938
Ending Balance, Shares at Apr. 30, 2022	16,570,619	16,570,619
Ending Balance at Apr. 30, 2022	$ 772,883	$ 363,224	$ 399,434	$ 10,225

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
OPERATING ACTIVITIES
Net income (loss)	$ (29,722,000)	$ 61,193,000	$ 73,653,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation and amortization	96,606,000	100,289,000	98,513,000
Net (gain) loss on disposal of property, plant and equipment	697,000	(1,859,000)	2,629,000
Reduction in carrying amount of operating lease right-of-use assets	27,610,000	27,192,000	25,405,000
Amortization of debt issuance costs	867,000	2,501,000	2,603,000
Unrealized (gain) loss on foreign exchange forward contracts	0	(1,102,000)	1,102,000
Loss on extinguishment of debt	0	(13,792,000)	0
Stock-based compensation expense	4,708,000	4,598,000	3,989,000
Deferred income taxes	(25,717,000)	(12,840,000)	(11,911,000)
Pension contributions in excess of (less than) expense	710,000	(2,007,000)	(1,130,000)
Pension settlement, net	(68,473,000)	0	0
Contributions of employer stock to employee benefit plan	2,938,000	3,743,000	3,772,000
Other non-cash items	489,000	4,140,000	672,000
Changes in operating assets and liabilities (net of acquired assets and liabilities):
Customer receivables	(11,366,000)	(42,829,000)	21,018,000
Inventories	(70,386,000)	(34,454,000)	(2,866,000)
Income taxes receivable	(6,206,000)	488,000	1,162,000
Prepaid expenses and other assets	(3,542,000)	(6,456,000)	(3,165,000)
Accounts payable	16,386,000	32,752,000	(6,237,000)
Accrued compensation and related expenses	(15,518,000)	1,226,000	(5,843,000)
Operating lease liabilities	(25,100,000)	(24,371,000)	(22,595,000)
Marketing and other accrued expenses	(7,482,000)	25,767,000	(3,229,000)
Net Cash Provided by Operating Activities	24,445,000	151,763,000	177,542,000
INVESTING ACTIVITIES
Payments to acquire property, plant and equipment	(44,122,000)	(35,734,000)	(31,670,000)
Proceeds from sales of property, plant and equipment	10,000	3,889,000	323,000
Maturities of certificates of deposit	0	0	1,500,000
Investment in promotional displays	(7,460,000)	(10,584,000)	(9,069,000)
Net Cash Used by Investing Activities	(51,572,000)	(42,429,000)	(38,916,000)
FINANCING ACTIVITIES
Payments of long-term debt	(50,891,000)	(432,508,000)	(98,468,000)
Proceeds from long-term debt	35,430,000	350,000,000	0
Proceeds from issuance of common stock and other	0	0	295,000
Repurchase of common stock	(25,000,000)	(20,000,000)	0
Withholding of employee taxes related to stock-based compensation	(1,116,000)	(1,351,000)	(1,050,000)
Debt issuance cost	(42,000)	(2,930,000)	0
Premium paid on debt extinguishment	0	(8,533,000)	0
Net Cash Used by Financing Activities	(41,619,000)	(115,322,000)	(99,223,000)
Net (Decrease) Increase in Cash and Cash Equivalents	(68,746,000)	(5,988,000)	39,403,000
Cash and Cash Equivalents, Beginning of Year	91,071,000	97,059,000	57,656,000
Cash and Cash Equivalents, End of Year	22,325,000	91,071,000	97,059,000
Non-cash investing and financing activities:
Property, plant and equipment	1,050	2,527	1,303
Cash paid during the period for:
Interest	9,904	22,981	27,654
Income taxes	$ 18,761	$ 33,055	$ 36,154

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Apr. 30, 2022
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 the 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 programs 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 2022, 2021, and 2020 were $32.6 million, $34.1 million, and $33.9 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. Inventories : On May 1, 2021, the Company changed its accounting method for inventory valuation for inventories which previously utilized a last-in, first-out ("LIFO") basis to a first-in, first-out ("FIFO") basis. As of April 30, 2022 and 2021, inventories accounted for under the LIFO method would have represented approximately 44%, and 43%, respectively, of the Company's total inventories during each of the respective periods. We believe this change in accounting method is preferable as it: (i) results in a uniform method to value our inventory across the entire organization; (ii) improves comparability with our peers; (iii) is expected to better reflect the current value of inventory on the consolidated balance sheets and would result in a better matching of revenue and expense, and (iv) is reflective of the physical flow of inventory. All prior periods presented in the Consolidated Financial Statements have been retrospectively adjusted to apply the effects of the change in accounting method from the LIFO method to FIFO method of accounting. As of April 30, 2021, the cumulative effect of the change increased inventories by $17.9 million, partially offset by $4.5 million in deferred income taxes resulting in an impact to retained earnings of approximately $13.3 million. There was no impact on total cash provided by operating activities for the periods presented as a result of this change. The impact of the change in accounting method to net earnings was $1.9 million in fiscal 2022. As a result of the change in accounting method, the Company now uses the FIFO method of inventory costing across the entire organization. Costs include materials, labor, and production overhead at normal production capacity. Costs do not exceed net realizable values. See Note C — Inventories for additional information. The following tables reflect the effect of the change in accounting method on our current period Consolidated Financial Statements (in thousands except for per share amounts): Consolidated Statement of Income for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Cost of sales and distribution $ 1,633,255 $ (2,513) $ 1,630,742 Gross Profit $ 223,931 $ 2,513 $ 226,444 Operating Income $ 33,646 $ 2,513 $ 36,159 Income (Loss) Before Income Taxes $ (45,492) $ 2,513 $ (42,979) Income tax expense (benefit) $ (13,913) $ 656 $ (13,257) Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Net earnings (loss) per share, basic $ (1.90) $ 0.11 $ (1.79) Net earnings (loss) per share, diluted $ (1.90) $ 0.11 $ (1.79) Consolidated Balance Sheet as of April 30,2022 As Computed under previous method Effect of Change As Reported under FIFO Inventories $ 225,746 $ 2,513 $ 228,259 Total current assets $ 426,144 $ 2,513 $ 428,657 Total assets $ 1,629,983 $ 2,513 $ 1,632,496 Other accrued expenses $ 19,584 $ 656 $ 20,240 Total current liabilities $ 215,572 $ 656 $ 216,228 Retained earnings $ 397,577 $ 1,857 $ 399,434 Total shareholders' equity $ 771,026 $ 1,857 $ 772,883 Total liabilities and shareholders' equity $ 1,629,983 $ 2,513 $ 1,632,496 Consolidated Statement of Cash Flows for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Inventories $ (67,873) $ (2,513) $ (70,386) Income taxes receivable $ (6,862) $ 656 $ (6,206) Consolidated Statement of Shareholders' equity for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Total shareholders' equity $ 771,026 $ 1,857 $ 772,883 Consolidated Statement of Comprehensive income for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Total Comprehensive Income $ 33,214 $ 1,857 $ 35,071 As a result of the retrospective application of the change in accounting method, certain line items in our Consolidated Financial Statements and related notes were adjusted as follows: Consolidated Statement of Income for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Cost of sales and distribution $ 1,424,739 $ (2,843) $ 1,421,896 Gross Profit $ 319,275 $ 2,843 $ 322,118 Operating Income $ 111,680 $ 3,058 $ 114,738 Income Before Income Taxes $ 77,435 $ 3,258 $ 80,693 Income tax expense $ 18,672 $ 828 $ 19,500 Net Income $ 58,763 $ 2,430 $ 61,193 Net earnings per share, basic $ 3.46 $ 0.15 $ 3.61 Net earnings per share, diluted $ 3.45 $ 0.14 $ 3.59 Consolidated Balance Sheet as of April 30, 2021 As Previously Reported Effect of Change As Adjusted Inventories $ 140,282 $ 17,885 $ 158,167 Total current assets $ 392,080 $ 17,885 $ 409,965 Total assets $ 1,636,514 $ 17,885 $ 1,654,399 Deferred income taxes $ 38,348 $ 4,543 $ 42,891 Retained earnings $ 434,940 $ 13,342 $ 448,282 Total shareholders' equity $ 742,896 $ 13,342 $ 756,238 Total liabilities and shareholders' equity $ 1,636,514 $ 17,885 $ 1,654,399 Consolidated Statement of Cash Flows for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Deferred income taxes $ (13,668) $ 828 $ (12,840) Inventories $ (31,196) $ (3,258) $ (34,454) Consolidated Statement of Shareholders' equity for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Total shareholders' equity $ 742,896 $ 13,342 $ 756,238 Consolidated Statement of Comprehensive income for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Total Comprehensive Income $ 55,368 $ 2,430 $ 57,798 Consolidated Statement of Income for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Cost of sales and distribution $ 1,321,147 $ 2,624 $ 1,323,771 Gross Profit $ 329,186 $ (2,624) $ 326,562 Operating Income $ 132,262 $ (2,127) $ 130,135 Income Before Income Taxes $ 100,548 $ (1,620) $ 98,928 Income tax expense $ 25,687 $ (412) $ 25,275 Net Income $ 74,861 $ (1,208) $ 73,653 Net earnings per share, basic $ 4.43 $ (0.07) $ 4.36 Net earnings per share, diluted $ 4.42 $ (0.08) $ 4.34 Consolidated Statement of Cash Flows for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Deferred income taxes $ (11,499) $ (412) $ (11,911) Inventories $ (4,486) $ 1,620 $ (2,866) Consolidated Statement of Shareholders' equity for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Total shareholders' equity $ 700,538 $ 10,912 $ 711,450 Consolidated Statement of Comprehensive income for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Total Comprehensive Income $ 73,179 $ (1,208) $ 71,971 Consolidated Statement of Stockholders' equity for the year ended April 31, 2019 As Previously Reported Effect of Change As Adjusted Retained earnings as of April 30, 2019 $ 317,420 $ 12,120 $ 329,540 Total shareholders' equity as of April 30,2019 $ 620,353 $ 12,120 $ 632,473 Property, Plant and Equipment: Property, plant and equipment is stated on the basis of cost less accumulated depreciation. Depreciation is calculated using 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 2022, 2021, and 2020, 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 more likely than 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 2022, 2021, and 2020, the Company concluded no impairment existed. Intangible Assets: Intangible assets consist of customer relationship intangibles. The Company amortizes the cost of intangible assets over their estimated useful lives, 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 2022, 2021, and 2020, 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 calculated using 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 2022, 2021, and 2020 was $10.0 million, $10.0 million, and $8.2 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 : Prior to April 30, 2020, the Company had two non-contributory defined benefit pension plans covering many of the Company's employees hired prior to April 30, 2012. Effective April 30, 2012, the Company froze all future benefit accruals under the Company's hourly and salaried defined benefit pension plans. Effective April 30, 2020, these plans were merged into one plan, the American Woodmark Corporation Employee Pension Plan (the "Pension Plan"). The Company recognizes the overfunded or underfunded status of its defined benefit pension plan, 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 loss, net of tax. Effective December 31, 2020 (the "Plan Termination Date"), the Pension Plan was terminated in a standard termination and benefits were distributed on December 2, 2021. 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. Derivative Financial Instruments: The Company uses derivatives as part of the normal business operations to manage its exposure to fluctuations in interest rates associated with variable interest rate debt and foreign exchange rates. The Company has established policies and procedures that govern the risk management of these exposures. The primary objective in managing these exposures is to add stability to interest expense, manage the Company's exposure to interest rate movements, and manage the risk from adverse fluctuations in foreign exchange rates. The Company uses interest rate swap contracts to manage interest rate exposures. The Company records derivatives in the condensed consolidated balance sheets at fair value. Changes in the fair value of derivatives designated as cash flow hedges are recorded in accumulated other comprehensive income (loss), and subsequently reclassified into earnings in the period the hedged forecasted transaction affects earnings. If a derivative is deemed to be ineffective, the change in fair value of the derivative is recognized directly in earnings. The Company also manages risks through the use of foreign exchange forward contracts. The Company recognizes its outstanding forward contracts in the condensed 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 condensed consolidated statements of income. 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. Recent Accounting Pronouncements : 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 became effective for the Company beginning May 1, 2021. The Company has reviewed the provisions of this new pronouncement and the adoption of this guidance did not have an impact on the Company's consolidated financial statements. 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 . Reclassifications : Certain reclassifications have been made to prior period balances to conform to the current year presentation.

Customer Receivables

Customer Receivables	12 Months Ended
	Apr. 30, 2022
Receivables [Abstract]
Customer Receivables	Customer Receivables The components of customer receivables were: APRIL 30 (in thousands) 2022 2021 Gross customer receivables $ 168,699 $ 156,187 Less: Allowance for doubtful accounts (226) (331) Allowance for returns and discounts (11,512) (8,990) Net customer receivables $ 156,961 $ 146,866

Inventories

Inventories	12 Months Ended
	Apr. 30, 2022
Inventory Disclosure [Abstract]
Inventories	Inventories The components of inventories were: APRIL 30 (in thousands) 2022 2021 Raw materials $ 90,451 $ 63,384 Work-in-process 59,180 51,176 Finished goods 78,628 43,607 Total inventories $ 228,259 $ 158,167 Effective May 1, 2021, the Company changed its accounting principle for inventory valuation from a LIFO basis to a FIFO basis. See Note A — Summary of Significant Accounting Policies for additional information on the effect of the change.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Apr. 30, 2022
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) 2022 2021 Land $ 4,431 $ 4,431 Buildings and improvements 119,066 116,103 Buildings and improvements - financing leases 11,164 11,636 Machinery and equipment 324,417 312,555 Machinery and equipment - financing leases 31,341 31,386 Software 28,115 2,816 Construction in progress 22,794 22,669 541,328 501,596 Less accumulated amortization and depreciation (327,520) (297,594) Total $ 213,808 $ 204,002 Amortization and depreciation expense on property, plant and equipment amounted to $38.0 million, $38.3 million, and $36.9 million in fiscal years 2022, 2021, and 2020, respectively. Accumulated amortization on financing leases included in the above table amounted to $32.8 million and $33.0 million as of April 30, 2022 and 2021, respectively.

Intangible Assets and Trademark

Intangible Assets and Trademarks	12 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Trademarks	Customer Relationships Intangibles The components of customer relationships intangibles were: APRIL 30 (in thousands) 2022 2021 Customer relationship intangibles $ 274,000 $ 274,000 Less accumulated amortization (197,889) (152,222) Total $ 76,111 $ 121,778 Customer relationships intangibles are amortized over the estimated useful lives on a straight-line basis over six years. Amortization expense on customer relationships intangibles amounted to $45.7 million for the year ended April 30, 2022. Amortization expense on customer relationships intangibles and trademarks amounted to $47.9 million for the year ended April 30, 2021.

Loans Payable and Long-Term Deb

Loans Payable and Long-Term Debt	12 Months Ended
	Apr. 30, 2022
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) 2023 2024 2025 2026 2027 2028 AND THERE-AFTER TOTAL OUTSTANDING AS OF APRIL 30, 2022 TOTAL OUTSTANDING AS OF APRIL 30, 2021 Term loans $ — $ 12,500 $ 18,750 $ 206,250 $ — $ — $ 237,500 $ 250,000 Revolving credit — — — 263,000 — — 263,000 264,000 Finance lease obligations 2,264 1,944 630 118 7 — 4,963 5,494 Other long-term debt — 300 686 259 262 5,582 7,089 6,659 Total $ 2,264 $ 14,744 $ 20,066 $ 469,627 $ 269 $ 5,582 $ 512,552 $ 526,153 Debt issuance costs $ (3,556) $ (4,381) Current maturities $ (2,264) $ (8,322) Total long-term debt $ 506,732 $ 513,450 Term Loans and Revolving Credit Facility On December 29, 2017, the Company entered into a credit agreement (the "Prior Credit Agreement") with a syndicate of lenders and Wells Fargo Bank, National Association, as administrative agent. The Prior Credit Agreement provided for a $100 million revolving loan facility with a $25 million sub-facility for the issuance of letters of credit, a $250 million initial term loan facility and a $250 million delayed draw term loan facility. The Company borrowed the entire $250 million under the initial term loan facility, the entire $250 million under the delayed draw term loan facility and approximately $50 million under the revolving loan facility in connection with the acquisition of RSI Home Products, Inc. ("RSI") and the refinancing of certain senior notes assumed from RSI (the "RSI Notes"). The facilities under the Prior Credit Agreement were scheduled to mature on December 29, 2022. On April 22, 2021, the Company amended and restated the Prior Credit Agreement. The amended and restated credit agreement (the "A&R Credit Agreement") provides for a $500 million revolving loan facility with a $50 million sub-facility for the issuance of letters of credit (the "Revolving Facility") and a $250 million term loan facility (the "Term Loan Facility"). Also on April 22, 2021, the Company borrowed the entire $250 million under the Term Loan Facility and approximately $264 million under the Revolving Facility to fund, in part, the repayment in full of the amounts then outstanding under the Prior Credit Agreement and the redemption of the Senior Notes (as defined below). The Company is required to repay the Term Loan Facility in specified quarterly installments. The Revolving Facility and Term Loan Facility mature on April 22, 2026. As of April 30, 2022, and 2021, $237.5 million and $250.0 million, respectively, was outstanding on the Term Loan Facility. As of April 30, 2022, and 2021, $263.0 million and $264.0 million, respectively, was outstanding under the Revolving Facility. Outstanding letters of credit under the Revolving Facility were $11.7 million as of April 30, 2022, leaving approximately $225.3 million in available capacity under the Revolving Facility as of April 30, 2022. Outstanding letters of credit under the Revolving Facility were $8.3 million, as of April 30, 2021, leaving approximately $227.7 million in available capacity under the Revolving Facility as of April 30, 2021. The outstanding balances noted above approximate fair value as the facilities have a floating interest rate. Amounts outstanding under the Term Loan Facility and the Revolving Facility 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 "Secured Net Leverage 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 "Secured Net Leverage Ratio." In addition, a letter of credit fee accrues 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. As of April 30, 2022, the applicable margin with respect to base rate loans and LIBOR loans was 1.00% and 2.00%, respectively, and the commitment fee was 0.20%. The A&R Credit Agreement includes provisions providing for the transition from LIBOR to a replacement benchmark upon the occurrence of certain events. The Company does not currently expect any such transition to materially impact its financing costs. The A&R Credit Agreement includes certain financial covenants that require the Company to maintain (i) a "Consolidated Interest Coverage Ratio" of no less than 2.00 to 1.00 and (ii) a "Total Net Leverage Ratio" of no greater than 4.00 to 1.00, subject, in each case, to certain limited exceptions. The A&R 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, make certain investments, dispose of its assets, or engage in a merger or other similar transaction or engage in transactions with affiliates, subject, in each case, to the various exceptions and conditions described in the A&R Credit Agreement. The negative covenants further restrict the ability of the Company and certain of its subsidiaries to make certain restricted payments, including, in the case of the Company, the payment of dividends and the repurchase of common stock, in certain limited circumstances. As of April 30, 2022, the Company was in compliance with all covenants included in the A&R Credit Agreement. The Company's obligations under the A&R Credit Agreement are guaranteed by the Company's domestic subsidiaries and the obligations of the Company and its domestic subsidiaries under the A&R Credit Agreement and their guarantees, respectively, 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") and utilized the proceeds, together with the proceeds from the delayed draw term loan under the Prior Credit Agreement, to refinance the RSI Notes. The Senior Notes were guaranteed by the Company's domestic subsidiaries and were scheduled to mature on March 15, 2026. On April 26, 2021, the Company redeemed in full the Senior Notes at a redemption price equal to 102.438% of the principal amount of the Senior Notes, plus accrued and unpaid interest to the redemption date. Financing Lease Obligations The Company has various financing leases with interest rates between 2.0% and 4.6%. The leases require monthly payments and expire by December 31, 2026. The outstanding amounts owed as of April 30, 2022, and 2021, were $5.0 million and $5.5 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, 2022, and 2021, 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). On March 8, 2022, the Company entered into a $0.4 million loan agreement with the West Virginia Water Development Authority acting on behalf of the West Virginia Infrastructure and Jobs Development Council and the Hardy County Rural Development Authority as part of the Company's capital improvements at the South Branch Primewood facility located in Hardy County, West Virginia. The loan agreement expires on March 8, 2025 and bears no interest rate. The loan agreement is secured by a sole first lien on the real property and fixtures associated with the facility. It defers principal and interest during the term of the obligation and forgives any outstanding balance at March 8, 2025, if the Company complies with certain employment levels at the facility.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Apr. 30, 2022
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) 2022 2021 2020 Numerator used in basic and diluted earnings per common share: Net income (loss) $ (29,722) $ 61,193 $ 73,653 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,592 16,970 16,908 Effect of dilutive securities: Stock options and restricted stock units — 67 44 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,592 17,037 16,952 Net earnings (loss) per share Basic $ (1.79) $ 3.61 $ 4.36 Diluted $ (1.79) $ 3.59 $ 4.34 Potentially dilutive securities of 48,379 for the fiscal year ended April 30, 2022, have not been considered in the calculation of net loss per share as the effect would be anti-dilutive. There were no anti-dilutive securities for the fiscal years ended April 30, 2021 and 2020, which were excluded from the calculation of net earnings per share.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Apr. 30, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has various stock-based compensation plans. The Company issues restricted stock units ("RSUs") to key employees and non-employee directors. Total compensation expense related to stock-based awards for the fiscal years ended April 30, 2022, 2021, and 2020 was $4.7 million, $4.6 million, and $4.0 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, 2022, 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, 2022, there were 508,968 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. 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 2022, 2021, and 2020. The PBRSUs granted in fiscal 2022, 2021, and 2020 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, 2022, 2021, and 2020: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT 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 Granted 124,374 76,846 201,220 $66.00 Cancelled due to non-achievement of performance goals (17,461) — (17,461) $89.31 Settled in common stock (19,058) (27,208) (46,266) $88.57 Forfeited (73,858) (37,377) (111,235) $71.63 Issued and outstanding, April 30, 2021 131,684 91,471 223,155 $64.81 Granted 57,392 85,568 142,960 $76.97 Cancelled due to non-achievement of performance goals (1,975) — (1,975) $104.10 Settled in common stock (19,930) (23,242) (43,172) $71.47 Forfeited (12,561) (6,563) (19,124) $72.79 Issued and outstanding, April 30, 2022 154,610 147,234 301,844 $69.10 As of April 30, 2022, there was $13.6 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, 2022, 2021, and 2020 stock-based compensation expense was allocated as follows: (in thousands) 2022 2021 2020 Cost of sales and distribution $ 1,299 $ 1,461 $ 809 Selling and marketing expenses 1,266 982 1,006 General and administrative expenses 2,143 2,155 2,174 Stock-based compensation expense, before income taxes $ 4,708 $ 4,598 $ 3,989 Restricted Stock Tracking Units: During fiscal 2022, the Board approved grants of 5,794 cash-settled performance-based restricted stock tracking units ("RSTUs") and 3,096 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 expense recongnized in fiscal 2022, 2021, and 2020, and the liability as of April 30, 2022 and 2021, related to RSTUs is not significant.

Employee Benefit and Retirement

Employee Benefit and Retirement Plans	12 Months Ended
	Apr. 30, 2022
Retirement Benefits [Abstract]
Employee Benefit and Retirement Plans	Employee Benefit and Retirement Plans Retirement Savings Plans Under the American Woodmark Corporation Retirement Savings Plan (the "Plan"), essentially all employees are immediately eligible to participate in the Plan. Participants are eligible for 401(k) matching contributions based upon the employee’s contribution to the Plan. All participants employed at the end of the fiscal year and hired prior to November 2 of the fiscal year are eligible for a discretionary profit-sharing contribution. 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 $0.8 million, $2.9 million, and $3.7 million in fiscal years 2022, 2021, and 2020, respectively. The Company matches 100% of an employee's annual 401(k) contributions to the Plan up to 4% of annual compensation. The expense for 401(k) matching contributions for both plans was $11.7 million, $11.9 million, and $10.1 million, in fiscal years 2022, 2021, and 2020, 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, 2012, the Company froze all future benefit accruals under the Company's defined benefit pension plans. Effective April 30, 2020, these plans were merged into one plan (the "Pension Plan"). The Pension Plan provides defined benefits based on years of service and final average earnings (for salaried employees) or benefit rate (for hourly employees). Effective December 31, 2020 (the "Plan Termination Date"), the Pension Plan was terminated in a standard termination and benefits were distributed on December 2, 2021. The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company's non-contributory Pension Plan as of April 30: APRIL 30 (in thousands) 2022 2021 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 196,537 $ 191,184 Interest cost 3,147 4,662 Actuarial gains (losses) (3,738) 6,759 Benefits paid (4,214) (6,068) Settlements (191,732) — Projected benefit obligation at end of year $ — $ 196,537 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 193,552 $ 190,743 Actual return on plan assets 3,373 8,877 Benefits paid (4,214) (6,068) Settlements (191,732) — Fair value of plan assets at end of year $ 979 $ 193,552 Funded status of the plan $ 979 $ (2,985) The accumulated benefit obligation for the Pension Plan was $0.0 million and $196.5 million at April 30, 2022 and 2021, respectively. APRIL 30 (in thousands) 2022 2021 2020 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 3,147 $ 4,662 $ 5,974 Expected return on plan assets (3,601) (8,430) (8,327) Recognized net actuarial loss — 1,761 1,692 Amortization of net loss from prior years 1,164 — — Settlement charge 68,473 — — Pension benefit cost $ 69,183 $ (2,007) $ (661) The components of net periodic pension benefit cost do not include service costs or prior service costs due to the Pension Plan 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 Plan follows: FISCAL YEARS ENDED APRIL 30 2022 2021 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate — % 2.80 % FISCAL YEARS ENDED APRIL 30 2022 2021 2020 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 2.80 % 3.16 % 4.02% Expected return on plan assets — % 3.3 % 5.0 % The Company based 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 was 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 Pension Plan, 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 Pension Plan. Contributions: The Company funded the Pension Plan in amounts sufficient to meet minimum funding requirements under applicable employee benefit and tax laws plus additional amounts the Company deemed appropriate. The Company made no contributions to its Pension Plan in fiscal 2022 and made contributions of $0.5 million in fiscal 2021. Plan Assets: Pension assets by major category and the type of fair value measurement as of April 30, 2022 and 2021 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2022 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 979 $ 979 $ — $ — Total plan assets 979 979 $ — $ — FAIR VALUE MEASUREMENTS AT APRIL 30, 2021 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 80,524 $ 80,524 $ — $ — Fixed Income Funds: Investment Grade Fixed Income 113,028 113,028 — — Total plan assets $ 193,552 $ 193,552 $ — $ —

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Apr. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Interest Rate Swap Contracts The Company enters into interest rate swap contracts to manage variability in the amount of known or expected cash payments related to portions of its variable rate debt. On May 28, 2021, the Company entered into four interest rate swaps with an aggregate notional amount of $200 million to hedge part of the variable rate interest payments under the Term Loan Facility. The interest rate swaps became effective on May 28, 2021 and will terminate on May 30, 2025. The interest rate swaps economically convert a portion of the variable rate debt to fixed rate debt. The Company receives floating interest payments monthly based on one-month LIBOR and pays a fixed rate of 0.5980% to the counterparty. The interest rate swaps are designated as cash flow hedges. Changes in fair value are recorded to other comprehensive income. The risk management objective in using interest rate swaps is to add stability to interest expense and to manage the Company's exposure to interest rate movements. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the contract agreements without exchange of the underlying notional amount. Realized gains or losses from interest rate swaps are recorded in earnings, as a component of interest expense, net to offset variability in interest expense associated with the underlying debt's cash flows. For the year ended April 30, 2022, unrealized gains, net of deferred taxes, of $10.2 million, were recorded in other comprehensive income, and $0.9 million of realized losses were reclassified out of accumulated other comprehensive loss to interest expense due to payments made to the swap counterparties. As of April 30, 2022, the Company anticipates reclassifying approximately $3.5 million of net hedging gains from accumulated other comprehensive income into earnings during the next 12 months to offset the variability of the hedged items during this period. Since the Company did not have outstanding interest rate swaps in the prior year, there were no gains or losses recorded for the year ended April 30, 2021. Foreign Exchange Forward Contracts At April 30, 2022, the Company held no forward contracts.

Income Taxes

Income Taxes	12 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesIn 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. In addition, the Consolidated Appropriations Act (the "2021 Tax Act") enacted a temporary exception to the limitation for meals and entertainment paid or incurred after December 31, 2020. This and the CARES Act provisions applicable to the Company have been applied to the current year ending April 30, 2022. Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2022 2021 2020 CURRENT Federal $ 8,748 $ 25,683 $ 29,072 State 3,295 5,639 7,581 Foreign 417 1,018 533 Total current expense 12,460 32,340 37,186 DEFERRED Federal (21,316) (10,741) (7,508) State (4,049) (1,896) (4,261) Foreign (352) (203) (142) Total deferred benefit (25,717) (12,840) (11,911) Total expense (benefit) (13,257) 19,500 25,275 Other comprehensive income (loss) 21,944 (1,156) (573) Total comprehensive income tax expense $ 8,687 $ 18,344 $ 24,702 The Company's effective income tax rate varied from the federal statutory rate as follows: FISCAL YEARS ENDED APRIL 30 2022 2021 2020 Federal statutory rate 21.0 % 21.0 % 21.0 % Effect of: Federal income tax credits 5.4 % (1.2) % (0.9) % Stock compensation (0.3) 0.2 (0.1) Uncertain tax positions 1.7 — — Meals and entertainment (0.4) 0.1 0.3 Valuation allowance for deferred taxes — — 0.7 Foreign 0.6 0.6 0.4 Other (0.6) 0.2 0.7 State income taxes, net of federal tax effect 3.4 3.2 3.4 Effective income tax rate 30.8 % 24.1 % 25.5 % The significant components of deferred tax assets and liabilities were as follows: APRIL 30 (in thousands) 2022 2021 Deferred tax assets: Accounts receivable $ 1,941 $ 1,781 Pension benefits — 815 Product liability 1,739 1,321 Employee benefits 5,604 5,746 Tax credit carryforwards 5,542 5,433 Operating leases liabilities 29,255 32,975 Other 1,862 2,086 Gross deferred tax assets, before valuation allowance 45,943 50,157 Valuation allowance (5,122) (4,914) Gross deferred tax assets, after valuation allowance 40,821 45,243 Deferred tax liabilities: Pension benefits 194 — Inventory 1,095 3,851 Depreciation 27,178 22,116 Intangibles 18,085 29,123 Operating leases right-of-use assets 26,980 31,320 Interest rate swaps 3,457 — Other 703 606 Gross deferred tax liabilities 77,692 87,016 Net deferred tax liability $ 36,871 $ 41,773 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, 2022. 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. The Company determined that there will not be sufficient foreign source income to fully utilize the current year and carry forward FTCs. Therefore, the Company updated the valuation allowance for the current year activity of $0.2 million related to FTCs. The gross amount of state tax credit carryforwards related to state ITCs as of April 30, 2022 and 2021 was $3.7 million and $3.8 million, respectively. These credits expire in various years beginning in fiscal 2028. Net of the federal impact and related valuation allowance, the Company recorded $0.4 million and $0.5 million of deferred tax assets related to these credits as of April 30, 2022 and 2021, respectively. The Company accounts for ITCs under the deferral method, under which the tax benefit from the ITC is deferred and amortized into income tax expense over the book life of the related property. As of April 30, 2022 and 2021, a deferred credit balance of $0.4 million and $0.5 million, respectively, is included in other liabilities on the consolidated balance sheets. The gross amount of FTC carryforwards as of April 30, 2022 and 2021 is $1.9 million and $1.7 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) 2022 2021 Change in Unrecognized Tax Benefits Balance at beginning of year $ 1,491 $ 2,305 Additions based on tax positions related to the current year 49 115 Additions based on tax positions of prior years 1,286 — Statute of limitations lapses (756) — Reductions for tax positions of prior years settlements — (929) Balance at end of year $ 2,070 $ 1,491

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Apr. 30, 2022
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, 2022. 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) 2022 2021 PRODUCT WARRANTY RESERVE Beginning balance $ 5,249 $ 3,753 Accrual for warranties 26,580 21,247 Settlements (24,951) (19,751) Ending balance at fiscal year end $ 6,878 $ 5,249

Revenue Recognition

Revenue Recognition	12 Months Ended
	Apr. 30, 2022
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, 2022, 2021, and 2020: FISCAL YEARS ENDED APRIL 30 (in thousands) 2022 2021 2020 Home center retailers $ 890,554 $ 848,898 $ 768,043 Builders 731,048 673,307 668,765 Independent dealers and distributors 235,584 221,809 213,525 Net Sales $ 1,857,186 $ 1,744,014 $ 1,650,333

Credit Concentration

Credit Concentration	12 Months Ended
	Apr. 30, 2022
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, 2022, the Company's two largest customers, Customers A and B, represented 33.8% and 19.9% of the Company's gross customer receivables, respectively. At April 30, 2021, Customers A and B represented 34.3% and 22.1% 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 2022 2021 2020 Customer A 31.9% 30.8% 29.3% Customer B 16.1% 17.9% 17.2%

Leases

Leases	12 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Leases	Leases 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 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 APRIL 30, (in thousands) 2022 2021 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 1,404 $ 635 $ 2,582 Interest on lease liabilities 106 73 205 Operating lease cost 27,610 27,192 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED APRIL 30, (in thousands) 2022 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 106 $ 73 $ 205 Operating cash flows for operating leases 25,100 24,371 22,595 Financing cash flows for financing leases 1,379 608 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,862 2,222 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 7,482 8,914 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 2.32 2.95 3.36 Weighted average remaining lease term - operating leases 5.77 6.62 7.41 Weighted average discount rate Weighted average discount rate - finance leases 2.91 % 2.95 % 3.19 % Weighted average discount rate - operating leases 3.20 % 3.23 % 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, 2022: FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2023 $ 25,298 $ 2,372 2024 23,230 1,993 2025 19,529 640 2026 18,973 120 2027 16,404 7 Thereafter 24,959 — Total lease payments 128,393 5,132 Less imputed interest (11,324) (169) Total lease liability $ 117,069 $ 4,963 Current maturities (21,985) (2,264) Lease liability - long-term $ 95,084 $ 2,699 Lease assets $ 108,055 $ 9,722
Leases	Leases 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 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 APRIL 30, (in thousands) 2022 2021 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 1,404 $ 635 $ 2,582 Interest on lease liabilities 106 73 205 Operating lease cost 27,610 27,192 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED APRIL 30, (in thousands) 2022 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 106 $ 73 $ 205 Operating cash flows for operating leases 25,100 24,371 22,595 Financing cash flows for financing leases 1,379 608 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,862 2,222 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 7,482 8,914 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 2.32 2.95 3.36 Weighted average remaining lease term - operating leases 5.77 6.62 7.41 Weighted average discount rate Weighted average discount rate - finance leases 2.91 % 2.95 % 3.19 % Weighted average discount rate - operating leases 3.20 % 3.23 % 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, 2022: FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2023 $ 25,298 $ 2,372 2024 23,230 1,993 2025 19,529 640 2026 18,973 120 2027 16,404 7 Thereafter 24,959 — Total lease payments 128,393 5,132 Less imputed interest (11,324) (169) Total lease liability $ 117,069 $ 4,963 Current maturities (21,985) (2,264) Lease liability - long-term $ 95,084 $ 2,699 Lease assets $ 108,055 $ 9,722

Restructuring Charges

Restructuring Charges	12 Months Ended
	Apr. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges During June 2020, the Company's Board approved the closure and eventual disposal of its manufacturing plant located in Humboldt, Tennessee. Operations ceased at the Humboldt plant in July 2020. During the third quarter of fiscal 2021, the Company sold the Humboldt plant and recognized a gain of $2.3 million on the sale. During fiscal 2022 and 2021, the Company recognized pre-tax restructuring charges, net of $0.3 million and $4.4 million, respectively, related to the closure of the plant. In the fourth quarter of fiscal 2020 and the first quarter of fiscal 2021, the Company implemented nationwide reductions in force, which were substantially completed in the fourth quarter of fiscal 2020 and first quarter of fiscal 2021. During fiscal 2022, 2021 and 2020, the Company recognized pre-tax restructuring charges, net of $(0.1) million, $1.4 million and $0.2 million, respectively, related to these reductions in force, which were primarily severance and separation costs. During fiscal years 2022, 2021, and 2020, the Company recognized total pre-tax restructuring charges, net of $0.2 million, $5.8 million, and $(18,000), respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Apr. 30, 2022
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 I. The Company's financial instruments include cash and equivalents, marketable securities, and other investments; accounts receivable and accounts payable; interest rate swap and foreign exchange forward contracts; and short- and long-term debt. The carrying values of cash and equivalents, accounts receivable and payable, and short-term debt on the condensed consolidated balance sheets approximate their fair value due to the short maturities of these items. The interest rate swap and foreign exchange 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, 2022 and 2021 at fair value on a recurring basis (in thousands): FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2022 LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 404 $ — $ — Interest rate swap contracts — 13,687 — Total assets at fair value $ 404 $ 13,687 $ — FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2021 LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 642 $ — $ —

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Apr. 30, 2022
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, 2022: Allowance for doubtful accounts $ 331 $ 78 $ — $ (183) (b) $ 226 Reserve for cash discounts $ 1,836 $ 21,486 (c) $ — $ (21,349) (d) $ 1,973 Reserve for sales returns and allowances $ 7,154 $ 30,088 (c) $ — $ (27,703) $ 9,539 Year ended April 30, 2021: Allowance for doubtful accounts $ 472 $ 182 $ — $ (323) (b) $ 331 Reserve for cash discounts $ 1,171 $ 19,109 (c) $ — $ (18,444) (d) $ 1,836 Reserve for sales returns and allowances $ 4,541 $ 22,298 (c) $ — $ (19,685) $ 7,154 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 (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, 2022
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 the 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 programs 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: Advertising costs are expensed as incurred.
Cash and Cash Equivalents and Investments in Certificates of Deposit	Cash and Cash Equivalents: Cash in excess of operating requirements is invested in money market accounts which are carried at cost (which approximates fair value). The Company considers all highly liquid short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
Inventories	Inventories : On May 1, 2021, the Company changed its accounting method for inventory valuation for inventories which previously utilized a last-in, first-out ("LIFO") basis to a first-in, first-out ("FIFO") basis. As of April 30, 2022 and 2021, inventories accounted for under the LIFO method would have represented approximately 44%, and 43%, respectively, of the Company's total inventories during each of the respective periods. We believe this change in accounting method is preferable as it: (i) results in a uniform method to value our inventory across the entire organization; (ii) improves comparability with our peers; (iii) is expected to better reflect the current value of inventory on the consolidated balance sheets and would result in a better matching of revenue and expense, and (iv) is reflective of the physical flow of inventory. All prior periods presented in the Consolidated Financial Statements have been retrospectively adjusted to apply the effects of the change in accounting method from the LIFO method to FIFO method of accounting. As of April 30, 2021, the cumulative effect of the change increased inventories by $17.9 million, partially offset by $4.5 million in deferred income taxes resulting in an impact to retained earnings of approximately $13.3 million. There was no impact on total cash provided by operating As a result of the change in accounting method, the Company now uses the FIFO method of inventory costing across the entire organization. Costs include materials, labor, and production overhead at normal production capacity. Costs do not exceed net realizable values. See Note C — Inventories
Property, Plant and Equipment	Property, Plant and Equipment: Property, plant and equipment is stated on the basis of cost less accumulated depreciation. Depreciation is calculated using 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 2022, 2021, and 2020, 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 more likely than 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 2022, 2021, and 2020, the Company concluded no impairment existed. Intangible Assets: Intangible assets consist of customer relationship intangibles. The Company amortizes the cost of intangible assets over their estimated useful lives, 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 2022, 2021, and 2020, 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 calculated using the straight-line method on an individual display basis over periods of 24 to 60 months (the estimated period of benefit).
Income Taxes	Income Taxes: The Company accounts for deferred income taxes utilizing the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the tax effects of temporary differences between the financial statement amounts and the tax basis of assets and liabilities, using enacted tax rates in effect for the year in which these items are expected to reverse. At each reporting date, the Company evaluates the need for a valuation allowance to adjust deferred tax assets and liabilities to an amount that more likely than not will be realized.
Pensions	Pensions: Prior to April 30, 2020, the Company had two non-contributory defined benefit pension plans covering many of the Company's employees hired prior to April 30, 2012. Effective April 30, 2012, the Company froze all future benefit accruals under the Company's hourly and salaried defined benefit pension plans. Effective April 30, 2020, these plans were merged into one plan, the American Woodmark Corporation Employee Pension Plan (the "Pension Plan"). The Company recognizes the overfunded or underfunded status of its defined benefit pension plan, 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 loss, net of tax. Effective December 31, 2020 (the "Plan Termination Date"), the Pension Plan was terminated in a standard termination and benefits were distributed on December 2, 2021.
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.
Derivative Financial Instruments	Derivative Financial Instruments: The Company uses derivatives as part of the normal business operations to manage its exposure to fluctuations in interest rates associated with variable interest rate debt and foreign exchange rates. The Company has established policies and procedures that govern the risk management of these exposures. The primary objective in managing these exposures is to add stability to interest expense, manage the Company's exposure to interest rate movements, and manage the risk from adverse fluctuations in foreign exchange rates. The Company uses interest rate swap contracts to manage interest rate exposures. The Company records derivatives in the condensed consolidated balance sheets at fair value. Changes in the fair value of derivatives designated as cash flow hedges are recorded in accumulated other comprehensive income (loss), and subsequently reclassified into earnings in the period the hedged forecasted transaction affects earnings. If a derivative is deemed to be ineffective, the change in fair value of the derivative is recognized directly in earnings. The Company also manages risks through the use of foreign exchange forward contracts. The Company recognizes its outstanding forward contracts in the condensed 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 condensed consolidated statements of income.
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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements : 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 became effective for the Company beginning May 1, 2021. The Company has reviewed the provisions of this new pronouncement and the adoption of this guidance did not have an impact on the Company's consolidated financial statements. 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 .

Accounting Policies (Tables)

Accounting Policies (Tables)	12 Months Ended
	Apr. 30, 2022
Accounting Policies [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	The following tables reflect the effect of the change in accounting method on our current period Consolidated Financial Statements (in thousands except for per share amounts): Consolidated Statement of Income for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Cost of sales and distribution $ 1,633,255 $ (2,513) $ 1,630,742 Gross Profit $ 223,931 $ 2,513 $ 226,444 Operating Income $ 33,646 $ 2,513 $ 36,159 Income (Loss) Before Income Taxes $ (45,492) $ 2,513 $ (42,979) Income tax expense (benefit) $ (13,913) $ 656 $ (13,257) Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Net earnings (loss) per share, basic $ (1.90) $ 0.11 $ (1.79) Net earnings (loss) per share, diluted $ (1.90) $ 0.11 $ (1.79) Consolidated Balance Sheet as of April 30,2022 As Computed under previous method Effect of Change As Reported under FIFO Inventories $ 225,746 $ 2,513 $ 228,259 Total current assets $ 426,144 $ 2,513 $ 428,657 Total assets $ 1,629,983 $ 2,513 $ 1,632,496 Other accrued expenses $ 19,584 $ 656 $ 20,240 Total current liabilities $ 215,572 $ 656 $ 216,228 Retained earnings $ 397,577 $ 1,857 $ 399,434 Total shareholders' equity $ 771,026 $ 1,857 $ 772,883 Total liabilities and shareholders' equity $ 1,629,983 $ 2,513 $ 1,632,496 Consolidated Statement of Cash Flows for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Inventories $ (67,873) $ (2,513) $ (70,386) Income taxes receivable $ (6,862) $ 656 $ (6,206) Consolidated Statement of Shareholders' equity for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Total shareholders' equity $ 771,026 $ 1,857 $ 772,883 Consolidated Statement of Comprehensive income for the year ended April 30, 2022 As Computed under previous method Effect of Change As Reported under FIFO Net Income (Loss) $ (31,579) $ 1,857 $ (29,722) Total Comprehensive Income $ 33,214 $ 1,857 $ 35,071 As a result of the retrospective application of the change in accounting method, certain line items in our Consolidated Financial Statements and related notes were adjusted as follows: Consolidated Statement of Income for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Cost of sales and distribution $ 1,424,739 $ (2,843) $ 1,421,896 Gross Profit $ 319,275 $ 2,843 $ 322,118 Operating Income $ 111,680 $ 3,058 $ 114,738 Income Before Income Taxes $ 77,435 $ 3,258 $ 80,693 Income tax expense $ 18,672 $ 828 $ 19,500 Net Income $ 58,763 $ 2,430 $ 61,193 Net earnings per share, basic $ 3.46 $ 0.15 $ 3.61 Net earnings per share, diluted $ 3.45 $ 0.14 $ 3.59 Consolidated Balance Sheet as of April 30, 2021 As Previously Reported Effect of Change As Adjusted Inventories $ 140,282 $ 17,885 $ 158,167 Total current assets $ 392,080 $ 17,885 $ 409,965 Total assets $ 1,636,514 $ 17,885 $ 1,654,399 Deferred income taxes $ 38,348 $ 4,543 $ 42,891 Retained earnings $ 434,940 $ 13,342 $ 448,282 Total shareholders' equity $ 742,896 $ 13,342 $ 756,238 Total liabilities and shareholders' equity $ 1,636,514 $ 17,885 $ 1,654,399 Consolidated Statement of Cash Flows for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Deferred income taxes $ (13,668) $ 828 $ (12,840) Inventories $ (31,196) $ (3,258) $ (34,454) Consolidated Statement of Shareholders' equity for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Total shareholders' equity $ 742,896 $ 13,342 $ 756,238 Consolidated Statement of Comprehensive income for the year ended April 30, 2021 As Previously Reported Effect of Change As Adjusted Net income $ 58,763 $ 2,430 $ 61,193 Total Comprehensive Income $ 55,368 $ 2,430 $ 57,798 Consolidated Statement of Income for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Cost of sales and distribution $ 1,321,147 $ 2,624 $ 1,323,771 Gross Profit $ 329,186 $ (2,624) $ 326,562 Operating Income $ 132,262 $ (2,127) $ 130,135 Income Before Income Taxes $ 100,548 $ (1,620) $ 98,928 Income tax expense $ 25,687 $ (412) $ 25,275 Net Income $ 74,861 $ (1,208) $ 73,653 Net earnings per share, basic $ 4.43 $ (0.07) $ 4.36 Net earnings per share, diluted $ 4.42 $ (0.08) $ 4.34 Consolidated Statement of Cash Flows for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Deferred income taxes $ (11,499) $ (412) $ (11,911) Inventories $ (4,486) $ 1,620 $ (2,866) Consolidated Statement of Shareholders' equity for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Total shareholders' equity $ 700,538 $ 10,912 $ 711,450 Consolidated Statement of Comprehensive income for the year ended April 30, 2020 As Previously Reported Effect of Change As Adjusted Net income $ 74,861 $ (1,208) $ 73,653 Total Comprehensive Income $ 73,179 $ (1,208) $ 71,971 Consolidated Statement of Stockholders' equity for the year ended April 31, 2019 As Previously Reported Effect of Change As Adjusted Retained earnings as of April 30, 2019 $ 317,420 $ 12,120 $ 329,540 Total shareholders' equity as of April 30,2019 $ 620,353 $ 12,120 $ 632,473

Customer Receivables (Tables)

Customer Receivables (Tables)	12 Months Ended
	Apr. 30, 2022
Receivables [Abstract]
Components Of Customer Receivables	The components of customer receivables were: APRIL 30 (in thousands) 2022 2021 Gross customer receivables $ 168,699 $ 156,187 Less: Allowance for doubtful accounts (226) (331) Allowance for returns and discounts (11,512) (8,990) Net customer receivables $ 156,961 $ 146,866

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Apr. 30, 2022
Inventory Disclosure [Abstract]
Components Of Inventories	The components of inventories were: APRIL 30 (in thousands) 2022 2021 Raw materials $ 90,451 $ 63,384 Work-in-process 59,180 51,176 Finished goods 78,628 43,607 Total inventories $ 228,259 $ 158,167

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Apr. 30, 2022
Property, Plant and Equipment [Abstract]
Components Of Property, Plant And Equipment	The components of property, plant and equipment were: APRIL 30 (in thousands) 2022 2021 Land $ 4,431 $ 4,431 Buildings and improvements 119,066 116,103 Buildings and improvements - financing leases 11,164 11,636 Machinery and equipment 324,417 312,555 Machinery and equipment - financing leases 31,341 31,386 Software 28,115 2,816 Construction in progress 22,794 22,669 541,328 501,596 Less accumulated amortization and depreciation (327,520) (297,594) Total $ 213,808 $ 204,002

Intangible Assets and Tradema_2

Intangible Assets and Trademarks (Tables)	12 Months Ended
	Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Intangible Assets	The components of customer relationships intangibles were: APRIL 30 (in thousands) 2022 2021 Customer relationship intangibles $ 274,000 $ 274,000 Less accumulated amortization (197,889) (152,222) Total $ 76,111 $ 121,778

Loans Payable and Long-Term D_2

Loans Payable and Long-Term Debt (Tables)	12 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Schedule Of Debt Maturities	Maturities of long-term debt are as follows: FISCAL YEARS ENDING APRIL 30 (in thousands) 2023 2024 2025 2026 2027 2028 AND THERE-AFTER TOTAL OUTSTANDING AS OF APRIL 30, 2022 TOTAL OUTSTANDING AS OF APRIL 30, 2021 Term loans $ — $ 12,500 $ 18,750 $ 206,250 $ — $ — $ 237,500 $ 250,000 Revolving credit — — — 263,000 — — 263,000 264,000 Finance lease obligations 2,264 1,944 630 118 7 — 4,963 5,494 Other long-term debt — 300 686 259 262 5,582 7,089 6,659 Total $ 2,264 $ 14,744 $ 20,066 $ 469,627 $ 269 $ 5,582 $ 512,552 $ 526,153 Debt issuance costs $ (3,556) $ (4,381) Current maturities $ (2,264) $ (8,322) Total long-term debt $ 506,732 $ 513,450

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Apr. 30, 2022
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) 2022 2021 2020 Numerator used in basic and diluted earnings per common share: Net income (loss) $ (29,722) $ 61,193 $ 73,653 Denominator: Denominator for basic earnings per common share - weighted-average shares 16,592 16,970 16,908 Effect of dilutive securities: Stock options and restricted stock units — 67 44 Denominator for diluted earnings per common share - weighted-average shares and assumed conversions 16,592 17,037 16,952 Net earnings (loss) per share Basic $ (1.79) $ 3.61 $ 4.36 Diluted $ (1.79) $ 3.59 $ 4.34

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Apr. 30, 2022
Share-based Payment Arrangement [Abstract]
Summary Of RSU's Activity	The following table contains a summary of the Company's RSU activity for the fiscal years ended April 30, 2022, 2021, and 2020: PERFORMANCE-BASED RSUs SERVICE-BASED RSUs TOTAL RSUs WEIGHTED AVERAGE GRANT 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 Granted 124,374 76,846 201,220 $66.00 Cancelled due to non-achievement of performance goals (17,461) — (17,461) $89.31 Settled in common stock (19,058) (27,208) (46,266) $88.57 Forfeited (73,858) (37,377) (111,235) $71.63 Issued and outstanding, April 30, 2021 131,684 91,471 223,155 $64.81 Granted 57,392 85,568 142,960 $76.97 Cancelled due to non-achievement of performance goals (1,975) — (1,975) $104.10 Settled in common stock (19,930) (23,242) (43,172) $71.47 Forfeited (12,561) (6,563) (19,124) $72.79 Issued and outstanding, April 30, 2022 154,610 147,234 301,844 $69.10
Stock-Based Compensation Expense Allocated	For the fiscal years ended April 30, 2022, 2021, and 2020 stock-based compensation expense was allocated as follows: (in thousands) 2022 2021 2020 Cost of sales and distribution $ 1,299 $ 1,461 $ 809 Selling and marketing expenses 1,266 982 1,006 General and administrative expenses 2,143 2,155 2,174 Stock-based compensation expense, before income taxes $ 4,708 $ 4,598 $ 3,989

Employee Benefit and Retireme_2

Employee Benefit and Retirement Plans (Tables)	12 Months Ended
	Apr. 30, 2022
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 Pension Plan as of April 30: APRIL 30 (in thousands) 2022 2021 CHANGE IN PROJECTED BENEFIT OBLIGATION Projected benefit obligation at beginning of year $ 196,537 $ 191,184 Interest cost 3,147 4,662 Actuarial gains (losses) (3,738) 6,759 Benefits paid (4,214) (6,068) Settlements (191,732) — Projected benefit obligation at end of year $ — $ 196,537 CHANGE IN PLAN ASSETS Fair value of plan assets at beginning of year $ 193,552 $ 190,743 Actual return on plan assets 3,373 8,877 Benefits paid (4,214) (6,068) Settlements (191,732) — Fair value of plan assets at end of year $ 979 $ 193,552 Funded status of the plan $ 979 $ (2,985)
Net Periodic Pension Cost	The accumulated benefit obligation for the Pension Plan was $0.0 million and $196.5 million at April 30, 2022 and 2021, respectively. APRIL 30 (in thousands) 2022 2021 2020 COMPONENTS OF NET PERIODIC PENSION BENEFIT COST Interest cost $ 3,147 $ 4,662 $ 5,974 Expected return on plan assets (3,601) (8,430) (8,327) Recognized net actuarial loss — 1,761 1,692 Amortization of net loss from prior years 1,164 — — Settlement charge 68,473 — — Pension benefit cost $ 69,183 $ (2,007) $ (661)
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 Plan follows: FISCAL YEARS ENDED APRIL 30 2022 2021 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE BENEFIT OBLIGATIONS Discount rate — % 2.80 % FISCAL YEARS ENDED APRIL 30 2022 2021 2020 WEIGHTED-AVERAGE ASSUMPTIONS TO DETERMINE NET PERIODIC PENSION BENEFIT COST Discount rate 2.80 % 3.16 % 4.02% Expected return on plan assets — % 3.3 % 5.0 %
Schedule Of Expected Future Benefit Payments
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, 2022 and 2021 are presented in the following tables: FAIR VALUE MEASUREMENTS AT APRIL 30, 2022 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 979 $ 979 $ — $ — Total plan assets 979 979 $ — $ — FAIR VALUE MEASUREMENTS AT APRIL 30, 2021 (in thousands) TOTAL QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) Cash Equivalents $ 80,524 $ 80,524 $ — $ — Fixed Income Funds: Investment Grade Fixed Income 113,028 113,028 — — Total plan assets $ 193,552 $ 193,552 $ — $ —
Schedule Of Allocation Of Plan Assets

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Schedule Of Income Tax Expense	Income tax expense was comprised of the following: FISCAL YEARS ENDED APRIL 30 (in thousands) 2022 2021 2020 CURRENT Federal $ 8,748 $ 25,683 $ 29,072 State 3,295 5,639 7,581 Foreign 417 1,018 533 Total current expense 12,460 32,340 37,186 DEFERRED Federal (21,316) (10,741) (7,508) State (4,049) (1,896) (4,261) Foreign (352) (203) (142) Total deferred benefit (25,717) (12,840) (11,911) Total expense (benefit) (13,257) 19,500 25,275 Other comprehensive income (loss) 21,944 (1,156) (573) Total comprehensive income tax expense $ 8,687 $ 18,344 $ 24,702
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 2022 2021 2020 Federal statutory rate 21.0 % 21.0 % 21.0 % Effect of: Federal income tax credits 5.4 % (1.2) % (0.9) % Stock compensation (0.3) 0.2 (0.1) Uncertain tax positions 1.7 — — Meals and entertainment (0.4) 0.1 0.3 Valuation allowance for deferred taxes — — 0.7 Foreign 0.6 0.6 0.4 Other (0.6) 0.2 0.7 State income taxes, net of federal tax effect 3.4 3.2 3.4 Effective income tax rate 30.8 % 24.1 % 25.5 %
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) 2022 2021 Deferred tax assets: Accounts receivable $ 1,941 $ 1,781 Pension benefits — 815 Product liability 1,739 1,321 Employee benefits 5,604 5,746 Tax credit carryforwards 5,542 5,433 Operating leases liabilities 29,255 32,975 Other 1,862 2,086 Gross deferred tax assets, before valuation allowance 45,943 50,157 Valuation allowance (5,122) (4,914) Gross deferred tax assets, after valuation allowance 40,821 45,243 Deferred tax liabilities: Pension benefits 194 — Inventory 1,095 3,851 Depreciation 27,178 22,116 Intangibles 18,085 29,123 Operating leases right-of-use assets 26,980 31,320 Interest rate swaps 3,457 — Other 703 606 Gross deferred tax liabilities 77,692 87,016 Net deferred tax liability $ 36,871 $ 41,773
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) 2022 2021 Change in Unrecognized Tax Benefits Balance at beginning of year $ 1,491 $ 2,305 Additions based on tax positions related to the current year 49 115 Additions based on tax positions of prior years 1,286 — Statute of limitations lapses (756) — Reductions for tax positions of prior years settlements — (929) Balance at end of year $ 2,070 $ 1,491

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Apr. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Reconciliation Of Warranty Liability	The following is a reconciliation of the Company's warranty liability: APRIL 30 (in thousands) 2022 2021 PRODUCT WARRANTY RESERVE Beginning balance $ 5,249 $ 3,753 Accrual for warranties 26,580 21,247 Settlements (24,951) (19,751) Ending balance at fiscal year end $ 6,878 $ 5,249

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Apr. 30, 2022
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, 2022, 2021, and 2020: FISCAL YEARS ENDED APRIL 30 (in thousands) 2022 2021 2020 Home center retailers $ 890,554 $ 848,898 $ 768,043 Builders 731,048 673,307 668,765 Independent dealers and distributors 235,584 221,809 213,525 Net Sales $ 1,857,186 $ 1,744,014 $ 1,650,333

Credit Concentration (Tables)

Credit Concentration (Tables)	12 Months Ended
	Apr. 30, 2022
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 2022 2021 2020 Customer A 31.9% 30.8% 29.3% Customer B 16.1% 17.9% 17.2%

Leases (Tables)

Leases (Tables)	12 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Schedule of Lease Costs	The components of lease costs were as follows: FISCAL YEAR ENDED APRIL 30, (in thousands) 2022 2021 2020 Finance lease cost: Reduction in the carrying value of right-of-use assets $ 1,404 $ 635 $ 2,582 Interest on lease liabilities 106 73 205 Operating lease cost 27,610 27,192 25,405 Additional information related to leases was as follows: FISCAL YEAR ENDED APRIL 30, (in thousands) 2022 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 106 $ 73 $ 205 Operating cash flows for operating leases 25,100 24,371 22,595 Financing cash flows for financing leases 1,379 608 2,512 Right-of-use assets obtained in exchange for new finance lease liabilities 1,862 2,222 1,650 Right-of-use assets obtained in exchange for new operating lease liabilities 7,482 8,914 72,703 Weighted average remaining lease term (years) Weighted average remaining lease term - finance leases 2.32 2.95 3.36 Weighted average remaining lease term - operating leases 5.77 6.62 7.41 Weighted average discount rate Weighted average discount rate - finance leases 2.91 % 2.95 % 3.19 % Weighted average discount rate - operating leases 3.20 % 3.23 % 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, 2022: FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2023 $ 25,298 $ 2,372 2024 23,230 1,993 2025 19,529 640 2026 18,973 120 2027 16,404 7 Thereafter 24,959 — Total lease payments 128,393 5,132 Less imputed interest (11,324) (169) Total lease liability $ 117,069 $ 4,963 Current maturities (21,985) (2,264) Lease liability - long-term $ 95,084 $ 2,699 Lease assets $ 108,055 $ 9,722
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, 2022: FISCAL YEAR OPERATING (in thousands) FINANCING (in thousands) 2023 $ 25,298 $ 2,372 2024 23,230 1,993 2025 19,529 640 2026 18,973 120 2027 16,404 7 Thereafter 24,959 — Total lease payments 128,393 5,132 Less imputed interest (11,324) (169) Total lease liability $ 117,069 $ 4,963 Current maturities (21,985) (2,264) Lease liability - long-term $ 95,084 $ 2,699 Lease assets $ 108,055 $ 9,722

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Apr. 30, 2022
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, 2022 and 2021 at fair value on a recurring basis (in thousands): FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2022 LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 404 $ — $ — Interest rate swap contracts — 13,687 — Total assets at fair value $ 404 $ 13,687 $ — FAIR VALUE MEASUREMENTS AS OF APRIL 30, 2021 LEVEL 1 LEVEL 2 LEVEL 3 ASSETS: Mutual funds $ 642 $ — $ —

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Apr. 30, 2022 USD ($) plan $ / shares	Apr. 30, 2021 USD ($) $ / shares	Apr. 30, 2020 USD ($) $ / shares	Apr. 30, 2019 USD ($)
Summary Of Significant Accounting Policies [Line Items]
Advertising costs	$ 32,600,000	$ 34,100,000	$ 33,900,000
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	$ 108,055,000	123,118,000
Operating lease liability	117,069,000
Cost of sales and distribution	1,630,742,000	1,421,896,000	1,323,771,000
Gross Profit	226,444,000	322,118,000	326,562,000
Operating Income	36,159,000	114,738,000	130,135,000
Income (Loss) Before Income Taxes	(42,979,000)	80,693,000	98,928,000
Income tax expense (benefit)	(13,257,000)	19,500,000	25,275,000
Net income (loss)	$ (29,722,000)	$ 61,193,000	$ 73,653,000
Net earnings (loss) per share, Basic (usd per share) | $ / shares	$ (1.79)	$ 3.61	$ 4.36
Net earnings (loss) per share, Diluted (usd per share) | $ / shares	$ (1.79)	$ 3.59	$ 4.34
Inventories	$ 228,259,000	$ 158,167,000
Total current assets	428,657,000	409,965,000
Total assets	1,632,496,000	1,654,399,000
Deferred income taxes	38,340,000	42,891,000
Other accrued expenses	20,240,000	21,913,000
Total current liabilities	216,228,000	220,447,000
Retained earnings	399,434,000	448,282,000		$ 329,540,000
Total shareholders' equity	772,883,000	756,238,000	$ 711,450,000	632,473,000
Total liabilities and shareholders' equity	1,632,496,000	1,654,399,000
Inventories	(70,386,000)	(34,454,000)	(2,866,000)
Income taxes receivable	(6,206,000)	488,000	1,162,000
Deferred income taxes	(25,717,000)	(12,840,000)	(11,911,000)
Total Comprehensive Income	$ 35,071,000	$ 57,798,000	71,971,000
Percentage of LIFO Inventory	44%	43%
Deferred income taxes	$ 1,469,000	$ 1,118,000
Net Cash Provided by (Used in) Operating Activities	24,445,000	151,763,000	177,542,000
Previously Reported
Summary Of Significant Accounting Policies [Line Items]
Cost of sales and distribution	1,633,255,000	1,424,739,000	1,321,147,000
Gross Profit	223,931,000	319,275,000	329,186,000
Operating Income	33,646,000	111,680,000	132,262,000
Income (Loss) Before Income Taxes	(45,492,000)	77,435,000	100,548,000
Income tax expense (benefit)	(13,913,000)	18,672,000	25,687,000
Net income (loss)	$ (31,579,000)	$ 58,763,000	$ 74,861,000
Net earnings (loss) per share, Basic (usd per share) | $ / shares	$ (1.90)	$ 3.46	$ 4.43
Net earnings (loss) per share, Diluted (usd per share) | $ / shares	$ (1.90)	$ 3.45	$ 4.42
Inventories	$ 225,746,000	$ 140,282,000
Total current assets	426,144,000	392,080,000
Total assets	1,629,983,000	1,636,514,000
Deferred income taxes		38,348,000
Other accrued expenses	19,584,000
Total current liabilities	215,572,000
Retained earnings	397,577,000	434,940,000		317,420,000
Total shareholders' equity	771,026,000	742,896,000	$ 700,538,000	620,353,000
Total liabilities and shareholders' equity	1,629,983,000	1,636,514,000
Inventories	(67,873,000)	(31,196,000)	(4,486,000)
Income taxes receivable	(6,862,000)
Deferred income taxes		(13,668,000)	(11,499,000)
Total Comprehensive Income	33,214,000	55,368,000	73,179,000
Revision of Prior Period, Change in Accounting Principle, Adjustment
Summary Of Significant Accounting Policies [Line Items]
Cost of sales and distribution	(2,513,000)	(2,843,000)	2,624,000
Gross Profit	2,513,000	2,843,000	(2,624,000)
Operating Income	2,513,000	3,058,000	(2,127,000)
Income (Loss) Before Income Taxes	2,513,000	3,258,000	(1,620,000)
Income tax expense (benefit)	656,000	828,000	(412,000)
Net income (loss)	$ 1,857,000	$ 2,430,000	$ (1,208,000)
Net earnings (loss) per share, Basic (usd per share) | $ / shares	$ 0.11	$ 0.15	$ (0.07)
Net earnings (loss) per share, Diluted (usd per share) | $ / shares	$ 0.11	$ 0.14	$ (0.08)
Inventories	$ 2,513,000	$ 17,885,000
Total current assets	2,513,000	17,885,000
Total assets	2,513,000	17,885,000
Deferred income taxes		4,543,000
Other accrued expenses	656,000
Total current liabilities	656,000
Retained earnings	1,857,000	13,342,000		12,120,000
Total shareholders' equity	1,857,000	13,342,000	$ 10,912,000	$ 12,120,000
Total liabilities and shareholders' equity	2,513,000	17,885,000
Inventories	(2,513,000)	(3,258,000)	1,620,000
Income taxes receivable	656,000
Deferred income taxes		828,000	(412,000)
Total Comprehensive Income	1,857,000	2,430,000	(1,208,000)
Deferred income taxes		4,500,000
Net Cash Provided by (Used in) Operating Activities	$ 1,900,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Intangible assets, useful life	6 years
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	$ 10,000,000	$ 10,000,000	$ 8,200,000
Promotional Display [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful lives	60 months

Customer Receivables (Component

Customer Receivables (Components Of Customer Receivables) (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Receivables [Abstract]
Gross customer receivables	$ 168,699	$ 156,187
Allowance for doubtful accounts	(226)	(331)
Allowance for returns and discounts	(11,512)	(8,990)
Net customer receivables	156,961	146,866
Total inventories	$ 228,259	$ 158,167

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 90,451	$ 63,384
Work-in-process	59,180	51,176
Finished goods	78,628	43,607
Total inventory	$ 228,259	$ 158,167

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 541,328	$ 501,596
Less accumulated amortization and depreciation	(327,520)	(297,594)
Property, Plant and Equipment, Net, Total	213,808	204,002
Amortization and depreciation expense on property, plant and equipment	38,000	38,300	$ 36,900
Finance Lease, Right-of-Use Asset, Accumulated Amortization	32,800	33,000
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,431	4,431
Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	119,066	116,103
Building And Improvements - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,164	11,636
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	324,417	312,555
Machinery And Equipment - Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	31,341	31,386
Construction In Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	22,794	22,669
Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 28,115	$ 2,816

Intangible Assets and Tradema_3

Intangible Assets and Trademarks (Details) - Customer Relationships [Member] - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Intangibles, gross	$ 274,000	$ 274,000
Less accumulated amortization	(197,889)	(152,222)
Intangibles, net	$ 76,111	$ 121,778

Intangible Assets and Tradema_4

Intangible Assets and Trademarks Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 45.7	$ 47.9
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life	6 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life	6 years

Loans Payable and Long-Term D_3

Loans Payable and Long-Term Debt (Schedule Of Debt Maturities) (Details) - USD ($) $ in Thousands			12 Months Ended
	Apr. 26, 2021	Jan. 25, 2016	Apr. 30, 2022	Mar. 08, 2022	Apr. 30, 2021
Debt Instrument [Line Items]
2023			$ 2,264
2024			14,744
2025			20,066
2026			469,627
2027			269
2028 and thereafter			5,582
Debt, outstanding balance			512,552		$ 526,153
Debt issuance costs			(3,556)		(4,381)
Current maturities			(2,264)		(8,322)
Total long-term debt			506,732		513,450
Debt Instrument, Repurchase Date	Apr. 26, 2021
New Markets Tax Credit Investment		$ 2,300
New Markets Tax Credit, Recapture Period		7 years
Other Noncurrent Assets [Member]
Debt Instrument [Line Items]
Financing Receivable, after Allowance for Credit Loss, Noncurrent		$ 4,300
Long-term Debt [Member]
Debt Instrument [Line Items]
Amount drawn on loan			$ 6,700
Minimum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)			2%
Maximum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)			4.60%
Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Debt issuance costs		(300)
Loan agreement amount		$ 6,600		$ 400
Loan term		30 years
LIBOR rate		1.20%
Deferred Finance Costs, Amortization Period		30 years
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Borrowed under the Credit Agreement			$ 263,000		264,000
Line of Credit Facility, Commitment Fee Percentage			0.20%
Consolidated Interest Coverage Ratio			2
Total Net Leverage Ratio			4
Revolving Credit Facility [Member] | Base Rate
Debt Instrument [Line Items]
Spread on interest rate			1%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Spread on interest rate			2%
Letter of Credit [Member]
Debt Instrument [Line Items]
Borrowed under the Credit Agreement			$ 11,700		8,300
Term Loans [Member]
Debt Instrument [Line Items]
2023			0
2024			12,500
2025			18,750
2026			206,250
2027			0
2028 and thereafter			0
Debt, outstanding balance			237,500		250,000
Economic Development Loans [Member]
Debt Instrument [Line Items]
2023			2,264
2024			1,944
2025			630
2026			118
2027			7
2028 and thereafter			0
Debt, outstanding balance			4,963		5,494
Other Long-term Debt [Member]
Debt Instrument [Line Items]
2023			0
2024			300
2025			686
2026			259
2027			262
2028 and thereafter			5,582
Debt, outstanding balance			7,089		6,659
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
2023			0
2024			0
2025			0
2026			263,000
2027			0
2028 and thereafter			0
Debt, outstanding balance			$ 263,000		$ 264,000

Loans Payable and Long-Term D_4

Loans Payable and Long-Term Debt (Narrative) (Details) - USD ($)					12 Months Ended
	Apr. 26, 2021	Apr. 22, 2021	Dec. 29, 2017	Jan. 25, 2016	Apr. 30, 2022	Apr. 30, 2021	Mar. 08, 2022	Feb. 12, 2018
Debt Instrument [Line Items]
Debt, outstanding balance					$ 512,552,000	$ 526,153,000
New Markets Tax Credit Investment				$ 2,300,000
New Markets Tax Credit, Recapture Period				7 years
Debt issuance costs					3,556,000	4,381,000
Debt Instrument, Repurchase Date	Apr. 26, 2021
Amortization of intangible assets					45,700,000	47,900,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage	102.438%
Notes Payable to Banks [Member]
Debt Instrument [Line Items]
LIBOR rate				1.20%
Loan agreement amount				$ 6,600,000			$ 400,000
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
Liability | Debt
Debt Instrument [Line Items]
Outstanding amounts under finance lease obligations					5,000,000	5,500,000
Initial Term Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Loan agreement amount			$ 250,000,000
Proceeds from Issuance of Debt			250,000,000
Initial Term Loan And Delayed Draw Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross						250,000,000
Delayed Draw Term Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
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%
Term Loans [Member]
Debt Instrument [Line Items]
Debt, outstanding balance					$ 237,500,000	250,000,000
Term Loans [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Loan agreement amount		$ 250,000,000
Proceeds from Issuance of Debt		250,000,000
Long-term Debt, Gross						237,500,000
Minimum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)					2%
Maximum [Member]
Debt Instrument [Line Items]
Interest rates on finance leases (percent)					4.60%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amount outstanding					$ 263,000,000	264,000,000
Proceeds from term loan		264,000,000	50,000,000
Line of credit facility, maximum borrowing capacity		500,000,000	100,000,000
Line of Credit Facility, Remaining Borrowing Capacity					$ 225,300,000	227,700,000
Line of Credit Facility, Commitment Fee Percentage					0.20%
Consolidated Interest Coverage Ratio					2
Total Net Leverage Ratio					4
Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 50,000,000	$ 25,000,000
Letter of Credit [Member]
Debt Instrument [Line Items]
Amount outstanding					$ 11,700,000	$ 8,300,000
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Spread on interest rate					2%
Base Rate | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Spread on interest rate					1%

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	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Earnings Per Share [Abstract]
Net income (loss)	$ (29,722)	$ 61,193	$ 73,653
Denominator for basic earnings per common share - weighted-average shares	16,592	16,970	16,908
Stock options and restricted stock units	0	67	44
Denominator for diluted earnings (loss) per common share - weighted-average shares and assumed conversions	16,592	17,037	16,952
Net earnings (loss) per share, Basic (usd per share)	$ (1.79)	$ 3.61	$ 4.36
Net earnings (loss) per share, Diluted (usd per share)	$ (1.79)	$ 3.59	$ 4.34

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - USD ($)	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020	May 25, 2021	Aug. 22, 2019
Equity, Class of Treasury Stock [Line Items]
Potentially dilutive shares	48,379	0	0
Treasury Stock, Shares, Acquired	299,781	200,046	0
Share Repurchase Program 2019
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount					$ 50,000,000
Treasury Stock, Value, Acquired, Cost Method		$ 20,000,000
Stock Repurchase Program Cancelled Authorized Repurchase Amount				$ 30,000,000
Share Repurchase Program 2021
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount				$ 100,000,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 75,000,000
Treasury Stock, Value, Acquired, Cost Method	$ 25,000,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2022 USD ($) performance_period plan shares	Apr. 30, 2021 USD ($)	Apr. 30, 2020 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, before income taxes | $	$ 4,708	$ 4,598	$ 3,989
Number of stock incentive plans | plan	2
Shares available for awards | shares	508,968
Performance period	1 year
Period to achieve cultural goals	3 years
Accrued compensation and related expenses | $	$ 44,436	$ 58,577
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance periods | performance_period	3
Total unrecognized compensation expense related to unvested stock options granted | $	$ 13,600
Expected to be recognized over a weighted average period	1 year 7 months 6 days
Restricted Stock Units (RSUs) [Member] | Employee Only
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years
Restricted Stock Units (RSUs) [Member] | Non Employee Directors only
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	2 years
Performance-Based Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for grants | shares	5,794
Service-Based Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for grants | shares	3,096
Restricted Stock Tracking Units (RSTUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of RSU's Activity) (Details) - $ / shares	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
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	131,684	117,687	89,182
Granted	57,392	124,374	61,379
Cancelled due to non-achievement of performance goals	(1,975)	(17,461)	(11,305)
Settled in common stock	(19,930)	(19,058)	(18,628)
Forfeited	(12,561)	(73,858)	(2,941)
Issued and outstanding, ending balance	154,610	131,684	117,687
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	91,471	79,210	61,269
Granted	85,568	76,846	42,691
Cancelled due to non-achievement of performance goals	0	0	0
Settled in common stock	(23,242)	(27,208)	(21,521)
Forfeited	(6,563)	(37,377)	(3,229)
Issued and outstanding, ending balance	147,234	91,471	79,210
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	223,155	196,897	150,451
Granted	142,960	201,220	104,070
Cancelled due to non-achievement of performance goals	(1,975)	(17,461)	(11,305)
Settled in common stock	(43,172)	(46,266)	(40,149)
Forfeited	(19,124)	(111,235)	(6,170)
Issued and outstanding, ending balance	301,844	223,155	196,897
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	$ 64.81	$ 66.68	$ 76.91
Weighted average grant date fair value, Awarded	76.97	66	53.95
Weighted average grant date fair value, cancelled due to non-achievement of performance goals	104.10	89.31	85.13
Weighted average grant date fair value, settled in common shares	71.47	88.57	67.03
Weighted average grant date fair value, forfeited	72.79	71.63	86.68
Weighted average grant date fair value, ending balance	$ 69.10	$ 64.81	$ 66.68
Restricted Stock Units (RSUs) [Member] | Non Employee Directors only
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years
Restricted Stock Units (RSUs) [Member] | Employee Only
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock-Based Compensation Expense Allocated) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 4,708	$ 4,598	$ 3,989
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	1,299	1,461	809
Selling And Marketing Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	1,266	982	1,006
General And Administrative Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense, before income taxes	$ 2,143	$ 2,155	$ 2,174

Employee Benefit and Retireme_3

Employee Benefit and Retirement Plans (Narrative) (Details)	12 Months Ended
	Apr. 30, 2022 USD ($) plan	Apr. 30, 2021 USD ($)	Apr. 30, 2020 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Recognized expenses for profit-sharing contributions	$ 800,000	$ 2,900,000	$ 3,700,000
401(k) contributions, percent match of employee's annual contribution			100%
Effective maximum contribution of base earnings			4%
Number of defined benefit pension plans | plan	2
Accumulated other comprehensive loss, net of tax	$ (10,225,000)	54,568,000
Accumulated benefit obligation	0	196,500,000
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 0	500,000
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent of after tax earnings contributed in profit sharing	0%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent of after tax earnings contributed in profit sharing	5%
401(k) Plan [Member] | Other Postretirement Benefits Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Expense for 401(k) matching contributions	$ 11,700,000	$ 11,900,000	$ 10,100,000

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, 2022	Apr. 30, 2021	Apr. 30, 2020
Retirement Benefits [Abstract]
Projected benefit obligation at beginning of year	$ 196,537	$ 191,184
Interest cost	3,147	4,662	$ 5,974
Acturial (gains) and losses	(3,738)	6,759
Benefits paid	(4,214)	(6,068)
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement	191,732	0
Projected benefit obligation at end of year	0	196,537	191,184
Fair value of plan assets at beginning of year	193,552	190,743
Actual return on plan assets	3,373	8,877
Benefits paid	(4,214)	(6,068)
Defined Benefit Plan, Plan Assets, Payment for Settlement	191,732	0
Fair value of plan assets at end of year	979	193,552	$ 190,743
Funded status of the plan	$ 979	$ (2,985)

Employee Benefit and Retireme_5

Employee Benefit and Retirement Plans (Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Retirement Benefits [Abstract]
Interest cost	$ 3,147	$ 4,662	$ 5,974
Expected return on plan assets	(3,601)	(8,430)	(8,327)
Recognized net actuarial loss	0	1,761	1,692
Defined Benefit Plan, Amortization of Gain (Loss)	(1,164)	0	0
Pension settlement, net	(68,473)	0	0
Pension benefit cost	$ 69,183	$ (2,007)	$ (661)

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, 2022	Apr. 30, 2021	Apr. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Discount rate	0%	2.80%
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.80%	3.16%	4.02%
Expected return on plan assets	0%	3.30%	5%

Employee Benefit and Retireme_7

Employee Benefit and Retirement Plans (Schedule Of Pension Assets By Major Category Of Plan Assets And Type Of Fair Value Measurements) (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	$ 979	$ 193,552
QUOTED PRICES IN ACTIVE MARKETS (LEVEL 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value	979	193,552
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	979	80,524
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	979	80,524
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 Income Tax [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value		113,028
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		113,028
Mutual Fund Income Tax [Member] | SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets at net asset value		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

Derivative Financial Instrume_2

Derivative Financial Instruments (Narrative) (Details)	12 Months Ended
	Apr. 30, 2022 USD ($)	May 28, 2021 USD ($) instrument
Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	$ 3,500,000
Gain (Loss) on Derivative Instruments [Member] | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(900,000)
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	10,200,000
Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Fixed Interest Rate		0.598%
Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Number of Instruments Held | instrument		4
Derivative, Notional Amount		$ 200,000,000
Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 0

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
CURRENT
Federal	$ 8,748	$ 25,683	$ 29,072
State	3,295	5,639	7,581
Foreign	417	1,018	533
Total current expense	12,460	32,340	37,186
DEFERRED
Federal	(21,316)	(10,741)	(7,508)
State	(4,049)	(1,896)	(4,261)
Foreign	(352)	(203)	(142)
Total deferred benefit	(25,717)	(12,840)	(11,911)
Total expense (benefit)	(13,257)	19,500	25,275
Other comprehensive income (loss)	21,944	(1,156)	(573)
Total comprehensive income tax expense	$ 8,687	$ 18,344	$ 24,702

Income Taxes (Schedule Of Effec

Income Taxes (Schedule Of Effective Income Tax Rate Reconciliation) (Details)	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Income Tax Disclosure [Abstract]
Federal statutory rate	21%	21%	21%
Federal income tax credits	5.40%	(1.20%)	(0.90%)
Stock compensation	(0.30%)	0.20%	(0.10%)
Uncertain tax positions	1.70%	0%	0%
Meals and entertainment	(0.40%)	0.10%	0.30%
Valuation allowance for deferred taxes	0%	0%	0.70%
Foreign	0.60%	0.60%	0.40%
Other	(0.60%)	0.20%	0.70%
State income taxes, net of federal tax effect	3.40%	3.20%	3.40%
Effective income tax rate	30.80%	24.10%	25.50%

Income Taxes (Schedule Of Signi

Income Taxes (Schedule Of Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Deferred tax assets:
Accounts receivable	$ 1,941	$ 1,781
Deferred Tax Assets, Pension Benefits	0	815
Product liability	1,739	1,321
Employee benefits	5,604	5,746
Operating leases liabilities	29,255	32,975
Other	1,862	2,086
Gross deferred tax assets, before valuation allowance	45,943	50,157
Valuation allowance	(5,122)	(4,914)
Gross deferred tax assets, after valuation allowance	40,821	45,243
Deferred tax liabilities:
Pension benefits	194	0
Inventory	1,095	3,851
Depreciation	27,178	22,116
Intangibles	18,085	29,123
Operating leases right-of-use assets	26,980	31,320
Interest rate swaps	3,457	0
Other	703	606
Gross deferred tax liabilities	77,692	87,016
Net deferred tax liability	36,871	41,773
State [Member]
Deferred tax assets:
Tax credit carryforwards	$ 5,542	$ 5,433

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Tax Credit Carryforward [Line Items]
Valuation allowance	$ 5,122	$ 4,914
Foreign Tax Authority [Member]
Tax Credit Carryforward [Line Items]
Valuation allowance	200
Gross amount of state tax credit carryforwards	1,900	1,700
State [Member]
Tax Credit Carryforward [Line Items]
Gross amount of state tax credit carryforwards	3,700	3,800
Net deferred tax assets related to tax credit carryforwards	400	500
State [Member] | Other Liabilities [Member]
Tax Credit Carryforward [Line Items]
Net deferred tax assets related to tax credit carryforwards	$ 400	$ 500

Income Taxes income Taxes (Chan

Income Taxes income Taxes (Change in Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Change in Unrecognized Tax Benefits
Balance at beginning of year	$ 1,491	$ 2,305
Additions based on tax positions related to the current year	49	115
Additions based on tax positions of prior years	1,286	0
Statute of limitations lapses	(756)	0
Reductions for tax positions of prior years settlements	0	(929)
Balance at end of year	$ 2,070	$ 1,491

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details)	12 Months Ended
	Apr. 30, 2022
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, 2022	Apr. 30, 2021
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 5,249	$ 3,753
Accrual for warranties	26,580	21,247
Settlements	(24,951)	(19,751)
Ending balance at fiscal year end	$ 6,878	$ 5,249

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Disaggregation of Revenue [Line Items]
Net Sales	$ 1,857,186	$ 1,744,014	$ 1,650,333
Home center retailers
Disaggregation of Revenue [Line Items]
Net Sales	890,554	848,898	768,043
Builders
Disaggregation of Revenue [Line Items]
Net Sales	731,048	673,307	668,765
Independent dealers and distributors
Disaggregation of Revenue [Line Items]
Net Sales	$ 235,584	$ 221,809	$ 213,525

Credit Concentration (Details)

Credit Concentration (Details) - Customer Concentration Risk	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Accounts Receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	33.80%	34.30%
Accounts Receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	19.90%	22.10%
Sales Revenue, Gross [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	31.90%	30.80%	29.30%
Sales Revenue, Gross [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	16.10%	17.90%	17.20%

Leases - Components of Lease Co

Leases - Components of Lease Costs (Details) - USD ($)	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Lease, Cost [Abstract]
Reduction in the carrying value of right-of-use assets	$ 1,404,000	$ 635,000	$ 2,582,000
Interest on lease liabilities	106,000	73,000	205,000
Operating lease cost	27,610,000	27,192,000	25,405,000
Operating cash flows for finance leases	106,000	73,000	205,000
Operating cash flows for operating leases	25,100,000	24,371,000	22,595,000
Financing cash flows for financing leases	1,379,000	608,000	2,512,000
Right-of-use assets obtained in exchange for new finance lease liabilities	1,862	2,222	1,650
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 7,482	$ 8,914	$ 72,703
Weighted average remaining lease term - finance leases	2 years 3 months 25 days	2 years 11 months 12 days	3 years 4 months 9 days
Weighted average remaining lease term - operating leases	5 years 9 months 7 days	6 years 7 months 13 days	7 years 4 months 28 days
Weighted average discount rate - finance leases (percent)	2.91%	2.95%	3.19%
Weighted average discount rate - operating leases (percent)	3.20%	3.23%	4.27%

Leases - Fiscal Year Maturity o

Leases - Fiscal Year Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
Operating Lease Maturities
2023	$ 25,298
2024	23,230
2025	19,529
2026	18,973
2027	16,404
Thereafter	24,959
Total lease payments	128,393
Less imputed interest	(11,324)
Total lease liability	117,069
Current maturities	(21,985)	$ (19,994)
Long-term lease liability - operating	95,084	109,628
Operating lease right-of-use assets	108,055	$ 123,118
Finance Lease Maturities
2023	2,372
2024	1,993
2025	640
2026	120
2027	7
Thereafter	0
Total lease payments	5,132
Less imputed interest	(169)
Current maturities	(2,264)
Lease liability - long-term	2,699
Lease assets	$ 9,722

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) $ in Thousands	Apr. 30, 2022 USD ($)
Operating Leased Assets [Line Items]
Current maturities	$ (2,264)
Lease liability - long-term	2,699
Lease assets	$ 9,722
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued expenses
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net
Other Liabilities [Member]
Operating Leased Assets [Line Items]
Outstanding amounts under finance lease obligations	$ 4,963

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jan. 31, 2021	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		$ 183,000	$ 5,848,000	$ (18,000)
Manufacturing Plant Closure
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		300,000	4,400,000
Nationwide Reductions In Force | Employee Severance and Separation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		$ (100,000)	$ 1,400,000	$ 200,000
Discontinued Operations, Disposed of by Sale | Humboldt Facility | Facility Closing
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on Disposition of Business	$ 2,300,000

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Of Assets On Recurring Basis) (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Apr. 30, 2021
LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 404
Interest Rate Cash Flow Hedge Asset at Fair Value	0
LEVEL 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	13,687
Interest Rate Cash Flow Hedge Asset at Fair Value	13,687
LEVEL 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Interest Rate Cash Flow Hedge Asset at Fair Value	0
Fair Value, Recurring [Member] | 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	404
Fair Value, Recurring [Member] | 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
Fair Value, Recurring [Member] | 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
Fair Value, Recurring [Member] | Mutual Funds [Member] | LEVEL 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		$ 642
Fair Value, Recurring [Member] | 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
Fair Value, Recurring [Member] | 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

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
Subsequent Event [Line Items]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 21,944	$ (1,156)	$ (573)

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2020
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	$ 331	$ 472	$ 249
Additions (Reductions) Charged to Cost and Expenses	78	182	323
Other	0	0	0
Deductions	(183)	(323)	(100)
Balance at End of Year	226	331	472
Reserve for Cash Discounts [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	1,836	1,171	1,451
Additions (Reductions) Charged to Cost and Expenses	21,486	19,109	16,810
Other	0	0	0
Deductions	(21,349)	(18,444)	(17,090)
Balance at End of Year	1,973	1,836	1,171
Reserve for Sales Returns and Allowances [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	7,154	4,541	4,545
Additions (Reductions) Charged to Cost and Expenses	30,088	22,298	17,049
Other	0	0	0
Deductions	(27,703)	(19,685)	(17,053)
Balance at End of Year	$ 9,539	$ 7,154	$ 4,541