American Woodmark (AMWD) 10-Q 26 Nov 24 2025 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Oct. 31, 2024	Nov. 25, 2024
Cover [Abstract]
Entity Central Index Key	0000794619
Current Fiscal Year End Date	--04-30
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Amendment Flag	false
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2024
Document Transition Report	false
Entity File Number	000-14798
Entity Registrant Name	American Woodmark Corp
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(b) Security	Common Stock
Trading Symbol	AMWD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		15,054,073

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Current assets
Cash and cash equivalents	$ 56,717	$ 87,398
Customer receivables, net	123,225	117,559
Inventories	183,978	159,101
Income taxes receivable	12,343	14,548
Prepaid expenses and other	26,380	24,104
Total current assets	402,643	402,710
Property, plant and equipment, net	255,853	272,461
Operating lease right-of-use assets	138,502	126,383
Goodwill	767,612	767,612
Promotional displays, net	2,492	3,274
Deferred income taxes	5,432	5,128
Other long-term assets, net	37,341	16,297
TOTAL ASSETS	1,609,875	1,593,865
Current liabilities
Accounts payable	69,173	64,470
Current maturities of long-term debt	7,831	2,722
Short-term lease liability - operating	32,365	27,409
Accrued compensation and related expenses	51,105	61,212
Accrued marketing expenses	18,893	16,437
Other accrued expenses	29,201	23,476
Total current liabilities	208,568	195,726
Long-term debt, less current maturities	367,981	371,761
Deferred income taxes	0	5,002
Long-term lease liability - operating	113,949	106,573
Other long-term liabilities	4,315	4,427
Shareholders' equity
Preferred stock, $1.00 par value; 2,000,000 shares authorized, none issued	0	0
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares: at October 31, 2024: 15,161,275; at April 30, 2024: 15,653,463	355,377	359,784
Retained earnings	556,412	543,274
Accumulated Other Comprehensive Income (Loss), Net of Tax	3,273	7,318
Total shareholders' equity	915,062	910,376
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,609,875	$ 1,593,865

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Oct. 31, 2024	Apr. 30, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 1	$ 1
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, no par value (in usd per share)	$ 0	$ 0
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	15,161,275	15,653,463
Common stock, shares outstanding	15,161,275	15,653,463

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Statement [Abstract]
Net sales	$ 452,482	$ 473,867	$ 911,610	$ 972,122
Cost of sales and distribution	366,771	370,708	733,033	759,354
Gross Profit	85,711	103,159	178,577	212,768
Selling and marketing expenses	21,738	22,685	46,075	47,045
General and administrative expenses	20,237	35,036	41,739	70,630
Restructuring charges, net	1,133	(26)	1,133	(198)
Operating Income	42,603	45,464	89,630	95,291
Interest expense, net	2,448	1,953	4,738	4,390
Other expense, net	4,702	3,050	9,942	1,975
Income Before Income Taxes	35,453	40,461	74,950	88,926
Income tax expense	7,767	10,120	17,631	20,735
Net Income	$ 27,686	$ 30,341	$ 57,319	$ 68,191
Weighted Average Shares Outstanding
Basic (in shares)	15,327,191	16,322,069	15,438,854	16,406,239
Diluted (in shares)	15,435,311	16,420,760	15,557,210	16,505,266
Net earnings per share
Basic (in usd per share)	$ 1.81	$ 1.86	$ 3.71	$ 4.16
Diluted (in usd per share)	$ 1.79	$ 1.85	$ 3.68	$ 4.13

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 27,686	$ 30,341	$ 57,319	$ 68,191
Other comprehensive loss, net of tax:
Change in cash flow hedges (swap), net of taxes (benefit) of $(640) and $(335), and $(1,359) and $(24) for the three- and six-months ended October 31, 2024 and 2023, respectively	(1,903)	(986)	(4,045)	(72)
Total Comprehensive Income	$ 25,783	$ 29,355	$ 53,274	$ 68,119

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Cash Flow Hedging
Change In Pension Benefits And Derivative Hedging Activities [Line Items]
Other comprehensive income, deferred tax	$ (640)	$ (1,359)	$ (335)	$ (24)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	COMMON STOCK	RETAINED EARNINGS	ACCUMULATED OTHER COMPREHENSIVE LOSS
Balance at beginning of period (shares) at Apr. 30, 2023		16,635,295
Balance at beginning of period at Apr. 30, 2023	$ 873,788	$ 370,259	$ 493,157	$ 10,372
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	37,850		37,850
Other comprehensive loss, net of tax	914			914
Stock-based compensation	2,247	$ 2,247
Exercise of stock-based compensation awards, net of amounts withheld for taxes (shares)		55,092
Exercise of stock-based compensation awards, net of amounts withheld for taxes	(1,830)	$ (1,830)
Stock repurchases (shares)		(328,295)
Stock repurchases	(22,280)	$ (6,565)	(15,715)
Employee benefit plan contributions (shares)		50,786
Employee benefit plan contributions	3,676	$ 3,676
Balance at end of period (shares) at Jul. 31, 2023		16,412,878
Balance at end of period at Jul. 31, 2023	894,365	$ 367,787	515,292	11,286
Balance at beginning of period (shares) at Apr. 30, 2023		16,635,295
Balance at beginning of period at Apr. 30, 2023	873,788	$ 370,259	493,157	10,372
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	68,191
Balance at end of period (shares) at Oct. 31, 2023		16,026,398
Balance at end of period at Oct. 31, 2023	895,580	$ 362,057	523,223	10,300
Balance at beginning of period (shares) at Jul. 31, 2023		16,412,878
Balance at beginning of period at Jul. 31, 2023	894,365	$ 367,787	515,292	11,286
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	30,341		30,341
Other comprehensive loss, net of tax	(986)			(986)
Stock-based compensation	2,155	$ 2,155
Exercise of stock-based compensation awards, net of amounts withheld for taxes (shares)		7,740
Exercise of stock-based compensation awards, net of amounts withheld for taxes	0	$ 0
Stock repurchases	(30,295)
Stock repurchases (shares)		(394,220)
Stock repurchases		$ (7,885)	(22,410)
Balance at end of period (shares) at Oct. 31, 2023		16,026,398
Balance at end of period at Oct. 31, 2023	$ 895,580	$ 362,057	523,223	10,300
Balance at beginning of period (shares) at Apr. 30, 2024	15,653,463	15,653,463
Balance at beginning of period at Apr. 30, 2024	$ 910,376	$ 359,784	543,274	7,318
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	29,633		29,633
Other comprehensive loss, net of tax	(2,142)			(2,142)
Stock-based compensation	2,941	$ 2,941
Exercise of stock-based compensation awards, net of amounts withheld for taxes (shares)		46,959
Exercise of stock-based compensation awards, net of amounts withheld for taxes	(2,730)	$ (2,730)
Stock repurchases (shares)		(271,460)
Stock repurchases	(24,239)	$ (5,525)	(18,714)
Balance at end of period (shares) at Jul. 31, 2024		15,428,962
Balance at end of period at Jul. 31, 2024	$ 913,839	$ 354,470	554,193	5,176
Balance at beginning of period (shares) at Apr. 30, 2024	15,653,463	15,653,463
Balance at beginning of period at Apr. 30, 2024	$ 910,376	$ 359,784	543,274	7,318
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 57,319
Balance at end of period (shares) at Oct. 31, 2024	15,161,275	15,161,275
Balance at end of period at Oct. 31, 2024	$ 915,062	$ 355,377	556,412	3,273
Balance at beginning of period (shares) at Jul. 31, 2024		15,428,962
Balance at beginning of period at Jul. 31, 2024	913,839	$ 354,470	554,193	5,176
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	27,686		27,686
Other comprehensive loss, net of tax	(1,903)			(1,903)
Stock-based compensation	2,864	$ 2,864
Exercise of stock-based compensation awards, net of amounts withheld for taxes (shares)		28,840
Exercise of stock-based compensation awards, net of amounts withheld for taxes	0	$ 0
Stock repurchases (shares)		(348,877)
Stock repurchases	(32,699)	$ (7,232)	(25,467)
Employee benefit plan contributions (shares)		52,350
Employee benefit plan contributions	$ 5,275	$ 5,275
Balance at end of period (shares) at Oct. 31, 2024	15,161,275	15,161,275
Balance at end of period at Oct. 31, 2024	$ 915,062	$ 355,377	$ 556,412	$ 3,273

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
OPERATING ACTIVITIES
Net income	$ 57,319	$ 68,191
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	26,268	46,226
Net loss on disposal of property, plant and equipment	142	1,593
Reduction in the carrying amount of operating lease right-of-use assets	18,579	14,401
Amortization of debt issuance costs	414	423
Change in fair value of foreign exchange forward contracts	(9,684)	(2,101)
Stock-based compensation expense	5,805	4,402
Deferred income tax benefit	(3,928)	(4,649)
Contributions of employer stock to employee benefit plan	5,275	3,676
Other non-cash items	2,464	574
Changes in operating assets and liabilities:
Customer receivables	(5,754)	(1,901)
Income taxes receivable/payable	1,759	(6,412)
Inventories	(27,856)	27,649
Prepaid expenses and other assets	(7,395)	(55)
Accounts payable	(1,097)	(5,763)
Accrued compensation and related expenses	(10,131)	3,154
Operating lease liabilities	(18,368)	(14,854)
Marketing and other accrued expenses	(811)	4,966
Net cash provided by operating activities	52,733	143,722
INVESTING ACTIVITIES
Payments to acquire property, plant and equipment	(22,115)	(33,309)
Proceeds from sales of property, plant and equipment	5	5
Investment in promotional displays	(477)	(533)
Net cash used by investing activities	(22,587)	(33,837)
FINANCING ACTIVITIES
Payments of long-term debt	(1,407)	(1,278)
Repurchase of common stock	56,493	52,128
Withholding of employee taxes related to stock-based compensation	(2,730)	(1,830)
Debt issuance cost	(197)	0
Net cash used by financing activities	(60,827)	(55,236)
Net (decrease) increase in cash and cash equivalents	(30,681)	54,649
Cash and cash equivalents, beginning of period	87,398	41,732
Cash and cash equivalents, end of period	56,717	96,381
Debt Conversion, Description	2,708	0
Non-cash investing and financing activities:
Property, plant and equipment	5,801	1,200
Cash paid during the period for:
Interest	7,534	7,603
Income taxes	18,985	31,711
Gains (Losses) on Restructuring of Debt	$ 364	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Oct. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six-month period ended October 31, 2024 are not necessarily indicative of the results that may be expected for the fiscal year ending April 30, 2025 ("fiscal 2025"). The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2024 ("fiscal 2024") filed with the U.S. Securities and Exchange Commission ("SEC"). Goodwill and Intangible Assets: Goodwill represents the excess of purchase price over the net amount of identifiable assets acquired and liabilities assumed in a business combination measured at fair value. The Company does not amortize goodwill but evaluates for impairment annually, or whenever events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company will perform the annual assessment on the first day of the fourth quarter unless an indicator of impairment exists prior to the annual date and the Company determines it is more likely than not that the fair value of the goodwill is below its book value. In accordance with accounting standards, when evaluating goodwill, 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 it is more likely than not that the asset is not impaired, then the entity is not required to take further action. However, if an entity concludes otherwise, then 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 by the amount that the carrying value exceeds the fair value of the reporting unit. There were no impairment charges related to goodwill for the three- and six-month periods ended October 31, 2024 and 2023. 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. There were no impairment charges related to intangible assets for the three- and six-month periods ended October 31, 2023. Customer relationship intangibles were fully amortized as of December 31, 2023. 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 outstanding swap contracts in the condensed consolidated balance sheets at fair value. Changes in the fair value of interest rate swap contracts designated as cash flow hedges are recorded in accumulated other comprehensive income, 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 fair value. 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 expense (income), net in the condensed consolidated statements of income.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Oct. 31, 2024
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09 “Improvements to Income Tax Disclosures.” The amendments in this ASU are intended to increase transparency through improvements to income tax disclosures primarily related to the income tax rate reconciliation and income taxes paid information. This standard is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the disclosure impacts of ASU 2023-09 on its condensed consolidated financial statements and related disclosures; however, it does not expect this update to have an impact on its financial condition or results of operations. In November 2023, the FASB issued ASU 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” to include more detailed information about a reportable segment’s expenses. This ASU also requires that a public entity with a single reportable segment, like the Company, provide all of the disclosures required as part of the amendments and all existing disclosures required by Topic 280. The ASU should be applied retrospectively to all prior periods presented in the financial statements and is effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating the impact on the related disclosures; however, it does not expect this update to have an impact on its financial condition or results of operations. In November 2024, the FASB issued ASU 2024-03, “Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses”, which requires disclosure in the notes to the financial statements of specified information about certain costs and expenses. The amendments are effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The amendments should be applied either prospectively to financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the financial statements. The Company is currently evaluating the disclosure impacts of this ASU on its condensed consolidated financial statements.

Net Earnings Per Share

Net Earnings Per Share	6 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
Net Earnings Per Share	Net Earnings Per Share The following table sets forth the computation of basic and diluted net earnings per share: Three Months Ended Six Months Ended October 31, October 31, (in thousands, except per share amounts) 2024 2023 2024 2023 Numerator used in basic and diluted net earnings per common share: Net income $ 27,686 $ 30,341 $ 57,319 $ 68,191 Denominator: Denominator for basic net earnings per common share - weighted-average shares 15,327 16,322 15,439 16,406 Effect of dilutive securities: Stock options and restricted stock units 108 99 118 99 Denominator for diluted net earnings per common share - weighted-average shares and assumed conversions 15,435 16,421 15,557 16,505 Net earnings per share Basic $ 1.81 $ 1.86 $ 3.71 $ 4.16 Diluted $ 1.79 $ 1.85 $ 3.68 $ 4.13 There were no potentially dilutive securities for the three- and six-month periods ended October 31, 2024, which were excluded from the calculation of net earnings per diluted share. Potentially dilutive securities of 30,780 and 43,590 for the three- and six-month periods ended October 31, 2023, respectively, were excluded from the calculation of net earnings per diluted share as the effect would be anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has various stock-based compensation plans. During the six-months ended October 31, 2024, the Board of Directors approved grants of service-based restricted stock units ("RSUs") to non-employee directors. These service-based RSUs (i) vest daily through the end of the one-year vesting period as long as the recipient continuously remains a member of the Board and (ii) entitle the recipient to receive one share of the Company's common stock per unit vested. The Board of Directors also approved grants of service-based RSUs and performance-based RSUs to key employees. The performance-based RSUs entitle the recipients to receive one share of the Company's common stock per unit granted if applicable performance conditions are met and the recipient remains continuously employed with the Company until the units cliff vest at the end of the three year vesting period. The service-based RSUs granted to key employees entitle the recipients to receive one share of the Company's common stock per unit granted if they remain continuously employed with the Company until the units vest. Service-based RSUs granted to employees vest one-third on each of the first, second and third anniversaries of the grant date. The fair value of the Company's RSU awards is expensed on a straight-line basis over the vesting period of the RSUs to the extent the Company believes it is probable the related performance criteria, if any, will be met. The following table summarizes the Company's stock-based compensations grants for the six-months ended October 31, 2024: (in thousands, except per share amounts) Stock Awards Granted Service-based RSUs 60,159 Performance-based RSUs 98,391 For the three- and six-month periods ended October 31, 2024 and 2023, stock-based compensation expense was allocated as follows: Three Months Ended Six Months Ended October 31, October 31, (in thousands) 2024 2023 2024 2023 Cost of sales and distribution $ 596 $ 473 $ 1,136 $ 1,051 Selling and marketing expenses 487 476 1,061 1,084 General and administrative expenses 1,781 1,206 3,608 2,267 Stock-based compensation expense $ 2,864 $ 2,155 $ 5,805 $ 4,402

Customer Receivables

Customer Receivables	6 Months Ended
	Oct. 31, 2024
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Customer Receivables	Customer Receivables The components of customer receivables were: October 31, April 30, (in thousands) 2024 2024 Gross customer receivables $ 132,318 $ 126,680 Less: Allowance for credit losses (265) (474) Allowance for returns and discounts (8,828) (8,647) Net customer receivables $ 123,225 $ 117,559

Inventories

Inventories	6 Months Ended
	Oct. 31, 2024
Inventory, Net [Abstract]
Inventories	Inventories The components of inventories were: October 31, April 30, (in thousands) 2024 2024 Raw materials $ 80,651 $ 61,548 Work-in-process 45,558 44,464 Finished goods 57,769 53,089 Total inventories $ 183,978 $ 159,101

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Oct. 31, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The components of property, plant and equipment were: October 31, April 30, (in thousands) 2024 2024 Land $ 4,475 $ 4,475 Buildings and improvements 135,717 131,663 Buildings and improvements - finance leases 11,164 11,164 Machinery and equipment 399,846 370,940 Machinery and equipment - finance leases 32,462 32,173 Software 31,275 39,252 Construction in progress 40,849 64,057 Total property, plant and equipment 655,788 653,724 Less accumulated amortization and depreciation (399,935) (381,263) Property, plant and equipment, net $ 255,853 $ 272,461 Amortization and depreciation expense on property, plant and equipment amounted to $11.9 million and $9.7 million for the three-months ended October 31, 2024 and 2023, respectively and $23.1 million and $19.5 million for the six-months ended October 31, 2024 and 2023, respectively. Accumulated amortization on finance leases included in the above table amounted to $31.6 million and $31.7 million as of October 31, 2024 and April 30, 2024, respectively.

Intangibles

Intangibles	6 Months Ended
	Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles	Intangibles As of December 31, 2023, customer relationship intangibles were fully amortized. Amortization expense for the three- and six-month periods ended October 31, 2023 was $11.4 million and $22.8 million, respectively.

Product Warranty

Product Warranty	6 Months Ended
	Oct. 31, 2024
Product Warranties Disclosures [Abstract]
Product Warranty	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, which is included in other accrued expenses on the unaudited condensed consolidated balance sheets: Six Months Ended October 31, (in thousands) 2024 2023 Beginning balance at May 1 $ 5,581 $ 8,014 Accrual 9,799 10,465 Settlements (10,436) (11,506) Ending balance at October 31 $ 4,944 $ 6,973

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Oct. 31, 2024
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 former 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 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 that are recorded in the Company's consolidated financial statements as of October 31, 2024 and April 30, 2024 at fair value on a recurring basis (in thousands): Fair Value Measurements As of October 31, 2024 Level 1 Level 2 Level 3 ASSETS: Mutual funds $ 192 $ — $ — Interest rate swap contracts — 4,388 — Total assets at fair value $ 192 $ 4,388 $ — LIABILITIES: Foreign exchange forward contracts $ — $ 11,228 $ — As of April 30, 2024 Level 1 Level 2 Level 3 ASSETS: Mutual funds $ 178 $ — $ — Interest rate swap contracts — 9,810 — Total assets at fair value $ 178 $ 9,810 $ — LIABILITIES: Foreign exchange forward contracts $ — $ 1,544 $ —

Loans Payable and Long-Term Deb

Loans Payable and Long-Term Debt	6 Months Ended
	Oct. 31, 2024
Debt Disclosure [Abstract]
Loans Payable and Long-Term Debt	Loans Payable and Long-Term Debt On October 10, 2024, the Company amended and restated its 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 $200 million term loan facility (the "Term Loan Facility"). Also on October 10, 2024, the Company borrowed the entire $200 million under the Term Loan Facility and approximately $173 million under the Revolving Facility to repay in full the approximately $370 million then outstanding under its prior credit agreement, plus accrued and unpaid interest, and to pay related fees and expenses. The Company is required to repay the Term Loan Facility in specified quarterly installments beginning on January 31, 2025. The Revolving Facility and Term Loan Facility mature on October 10, 2029. As of October 31, 2024 and April 30, 2024, approximately $200.0 million and $206.3 million, respectively, was outstanding under the Term Loan Facility or the term loan facility available under the prior credit agreement, as applicable. As of October 31, 2024 and April 30, 2024, $173.4 million and $163.8 million, respectively, was outstanding under the Revolving Facility or the revolving facility available under the prior credit agreement, as applicable. Outstanding letters of credit under the Revolving Facility were $13.4 million as of October 31, 2024, leaving approximately $313.2 million in available capacity under the Revolving Facility as of October 31, 2024. The outstanding balances noted above approximate fair value as the facilities under the A&R Credit Facility have, and the facilities under the prior credit agreement had, 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 Term SOFR (as defined in the A&R Credit Agreement) plus an applicable margin, with the applicable margin being determined by reference to the Company's then-current Secured Net Leverage Ratio (as defined in the A&R Credit Agreement). 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 Term SOFR loans, payable quarterly in arrears. As of October 31, 2024, the applicable margin with respect to base rate loans and Term SOFR loans was 0.25% and 1.25%, respectively, and the commitment fee was 0.2%. The A&R Credit Agreement includes certain financial covenants that require the Company to maintain (i) a Consolidated Interest Coverage Ratio (as defined in the A&R Credit Agreement) of no less than 2.00 to 1.00 and (ii) a Total Net Leverage Ratio (as defined in the A&R Credit Agreement) 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 October 31, 2024, 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. Maturities of long-term debt are as follows: (in thousands) 2025 2026 2027 2028 2029 2030 and there-after Total Outstanding as of October 31, 2024 Total Outstanding as of April 30, 2024 Term loans $ 2,500 $ 5,000 $ 7,500 $ 12,500 $ 17,500 $ 155,000 $ 200,000 $ 206,250 Revolving credit — — — — — 173,407 173,407 163,750 Finance lease obligations 1,232 2,267 1,697 538 178 8 5,920 5,684 Other long-term debt 430 — — — — — 430 430 Total $ 4,162 $ 7,267 $ 9,197 $ 13,038 $ 17,678 $ 328,415 $ 379,757 $ 376,114 Debt issuance costs $ (3,945) $ (1,631) Current maturities $ (7,831) $ (2,722) Total long-term debt $ 367,981 $ 371,761

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Oct. 31, 2024
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 SOFR and pays a fixed rate of 0.53% 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 in connection with required interest payments on 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 three- and six-month periods ended October 31, 2024, unrealized gains (losses), net of deferred taxes, of ($0.1) million and ($0.5) million, respectively, were recorded in other comprehensive income, and $1.8 million and $3.6 million, respectively, of realized gains, net of deferred taxes, were reclassified out of accumulated other comprehensive income (loss) to interest expense, net due to interest received from and payments made to the swap counterparties. For the three- and six-month periods ended October 31, 2023, unrealized gains (losses), net of deferred taxes, of $0.8 million and $3.5 million, respectively, were recorded in other comprehensive income, and $1.8 million and $3.6 million, respectively, of realized gains, net of deferred taxes, were reclassified out of accumulated other comprehensive income (loss) to interest expense, net due to interest received from and payments made to the swap counterparties. As of October 31, 2024, the Company anticipates reclassifying approximately $3.3 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. The fair value of the derivative instruments are included in other assets on the condensed consolidated balance sheets. Foreign Exchange Forward Contracts At October 31, 2024, the Company held a target accrual redemption forward agreement to purchase Mexican Pesos across 35 defined fixings. These fixings allow for U.S. dollars to be converted into Pesos at a rate of 18.25 Pesos to one U.S. Dollar. Cumulative profit is capped at an aggregate of approximately $1.8 million over the shorter of the life of the contract fixings or the utilization of the cap. If the spot rate is between 18.25 and 19.00 for a defined fixing then the Company purchases at the spot rate and the profit cap is not impacted. As of October 31, 2024, a liability of $11.2 million is recorded in other accrued expenses on the condensed consolidated balance sheet.

Income Taxes

Income Taxes	6 Months Ended
	Oct. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rates for the three- and six-month periods ended October 31, 2024 was 21.9% and 23.5%, respectively, compared with 25.0% and 23.3% in the comparable periods in the prior fiscal year. The effective rates were higher than the 21.0% U.S. statutory rate for all periods presented primarily due to state income taxes. The effective rate for the three-month period ended October 31, 2024 was lower than the comparable prior year period primarily due to the benefit recognized from the purchase of third party federal tax credits and stock compensation deductions booked in the current period.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Oct. 31, 2024
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 three- and six-months ended October 31, 2024 and 2023: Three Months Ended Six Months Ended October 31, October 31, (in thousands) 2024 2023 2024 2023 Home center retailers $ 177,135 $ 193,872 $ 352,788 $ 404,332 Builders 205,143 207,583 415,258 410,958 Independent dealers and distributors 70,204 72,412 143,564 156,832 Net Sales $ 452,482 $ 473,867 $ 911,610 $ 972,122

Concentration of Risk

Concentration of Risk	6 Months Ended
	Oct. 31, 2024
Risks and Uncertainties [Abstract]
Concentration of Risk	Concentration of Risks 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 with respect to 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 expected credit losses 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 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. As of October 31, 2024, the Company's two largest customers, Customers A and B, represented 33.8% and 16.2% of the Company's gross customer receivables, respectively. As of October 31, 2023, Customers A and B represented 32.3% and 18.4% of the Company's gross customer receivables, respectively. The following table summarizes the percentage of net sales attributable to the Company's two largest customers for the three- and six-months ended October 31, 2024 and 2023: Three Months Ended Six Months Ended October 31, October 31, 2024 2023 2024 2023 Customer A 28.0% 27.9% 27.4% 28.1% Customer B 11.1% 13.0% 11.3% 13.5%

Restructuring

Restructuring	6 Months Ended
	Oct. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring In the second quarter of fiscal 2025, the Company implemented a reduction in force, which will be substantially completed in the third quarter of fiscal 2025. The Company recognized pre-tax restructuring charges, net of $1.1 million for the three- and six-months ended October 31, 2024, related to this reduction in force, which were primarily severance and separation costs. A reserve of $0.7 million for restructuring charges is included in accrued compensation and related expenses in the consolidated balance sheet as of October 31, 2024 which relates to employee termination costs accrued but not yet paid as follows: October 31, (in thousands) 2024 Restructuring reserve balance at May 1 $ — Expense 1,133 Payments and adjustments (434) Restructuring reserve balance at October 31 $ 699

Other Information

Other Information	6 Months Ended
	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Other Information	Other Information 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 FASB Accounting Standards Codification Topic 450, "Contingencies," 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 consults with outside counsel. Except as described below, the Company believes that the aggregate range of loss stemming from the various suits and asserted and unasserted claims that were deemed to be either probable or reasonably possible was not material as of October 31, 2024. Antidumping and Countervailing Duties Investigation In February 2020, a conglomeration of domestic manufacturers filed a scope and circumvention petition seeking the imposition of antidumping (“AD”) and countervailing duties (“CVD”) with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”) against imports of hardwood plywood assembled in Vietnam using cores sourced from China. In July 2022, the DOC issued a Preliminary Scope Determination and Affirmative Preliminary Determination of Circumvention of the Antidumping and Countervailing Duty Orders (“Preliminary Determination”). In July 2023, the DOC issued a Final Determination of Circumvention of the Antidumping and Countervailing Duty Orders (“Final Determination”). Included in the Final Determination is a list of Vietnamese suppliers not eligible for certification. AD and CVD cash deposits of 206% are required for imports from the Vietnamese suppliers not eligible for certification. Many of the Vietnamese suppliers appealed their inclusion on the ineligible for certification list in the Preliminary Determination. Because two of the Company’s primary Vietnamese plywood vendors remained on the ineligible for certification list in the Final Determination, the Company recorded a loss on unliquidated customs entries as of Final Determination in July 2023. The loss recorded in the first quarter of fiscal 2024 was $4.9 million, or $3.7 million net of tax. Through the second fiscal quarter of 2025, the Company has remitted deposits of $3.8 million pursuant to the Final Determination. Based on the evidence provided from the Vietnamese suppliers, the specific characteristics of the product imported and other relevant matters, the Company intends to vigorously appeal the Final Determination that it is subject to these duties and disputes the findings of the Final Determination with regards to the Company. In fiscal 2024 the Company filed an administrative review request on the AD/CVD orders and the Company filed a complaint with the Court of International Trade. As of October 31, 2024, both of these proceedings are pending. Our last order was placed with these vendors in June 2022.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Pay vs Performance Disclosure
Net income	$ 27,686	$ 29,633	$ 30,341	$ 37,850	$ 57,319	$ 68,191

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Oct. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Dwayne L. Medlin [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On August 30, 2024, Dwayne L. Medlin, the Company’s Senior Vice President Remodel Sales, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to 1,562 shares of the Company’s common stock beginning December 2, 2024 until August 29, 2025.
Name	Dwayne L. Medlin
Title	Senior Vice President Remodel Sales
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 30, 2024
Arrangement Duration	364 days
Aggregate Available	1,562

Net Earnings Per Share (Tables)

Net Earnings Per Share (Tables)	6 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted net earnings per share: Three Months Ended Six Months Ended October 31, October 31, (in thousands, except per share amounts) 2024 2023 2024 2023 Numerator used in basic and diluted net earnings per common share: Net income $ 27,686 $ 30,341 $ 57,319 $ 68,191 Denominator: Denominator for basic net earnings per common share - weighted-average shares 15,327 16,322 15,439 16,406 Effect of dilutive securities: Stock options and restricted stock units 108 99 118 99 Denominator for diluted net earnings per common share - weighted-average shares and assumed conversions 15,435 16,421 15,557 16,505 Net earnings per share Basic $ 1.81 $ 1.86 $ 3.71 $ 4.16 Diluted $ 1.79 $ 1.85 $ 3.68 $ 4.13

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock Awards Granted	The following table summarizes the Company's stock-based compensations grants for the six-months ended October 31, 2024: (in thousands, except per share amounts) Stock Awards Granted Service-based RSUs 60,159 Performance-based RSUs 98,391
Stock-Based Compensation Expense Allocated	For the three- and six-month periods ended October 31, 2024 and 2023, stock-based compensation expense was allocated as follows: Three Months Ended Six Months Ended October 31, October 31, (in thousands) 2024 2023 2024 2023 Cost of sales and distribution $ 596 $ 473 $ 1,136 $ 1,051 Selling and marketing expenses 487 476 1,061 1,084 General and administrative expenses 1,781 1,206 3,608 2,267 Stock-based compensation expense $ 2,864 $ 2,155 $ 5,805 $ 4,402

Customer Receivables (Tables)

Customer Receivables (Tables)	6 Months Ended
	Oct. 31, 2024
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Components of Customer Receivables	The components of customer receivables were: October 31, April 30, (in thousands) 2024 2024 Gross customer receivables $ 132,318 $ 126,680 Less: Allowance for credit losses (265) (474) Allowance for returns and discounts (8,828) (8,647) Net customer receivables $ 123,225 $ 117,559

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Oct. 31, 2024
Inventory, Net [Abstract]
Components of Inventories	The components of inventories were: October 31, April 30, (in thousands) 2024 2024 Raw materials $ 80,651 $ 61,548 Work-in-process 45,558 44,464 Finished goods 57,769 53,089 Total inventories $ 183,978 $ 159,101

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Oct. 31, 2024
Property, Plant and Equipment [Abstract]
Components Of Property, Plant And Equipment	The components of property, plant and equipment were: October 31, April 30, (in thousands) 2024 2024 Land $ 4,475 $ 4,475 Buildings and improvements 135,717 131,663 Buildings and improvements - finance leases 11,164 11,164 Machinery and equipment 399,846 370,940 Machinery and equipment - finance leases 32,462 32,173 Software 31,275 39,252 Construction in progress 40,849 64,057 Total property, plant and equipment 655,788 653,724 Less accumulated amortization and depreciation (399,935) (381,263) Property, plant and equipment, net $ 255,853 $ 272,461

Product Warranty (Tables)

Product Warranty (Tables)	6 Months Ended
	Oct. 31, 2023
Product Warranties Disclosures [Abstract]
Schedule of Warranty Liability	The following is a reconciliation of the Company's warranty liability, which is included in other accrued expenses on the unaudited condensed consolidated balance sheets: Six Months Ended October 31, (in thousands) 2024 2023 Beginning balance at May 1 $ 5,581 $ 8,014 Accrual 9,799 10,465 Settlements (10,436) (11,506) Ending balance at October 31 $ 4,944 $ 6,973

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value of Assets on Recurring Basis	The following table summarizes the fair value of assets that are recorded in the Company's consolidated financial statements as of October 31, 2024 and April 30, 2024 at fair value on a recurring basis (in thousands): Fair Value Measurements As of October 31, 2024 Level 1 Level 2 Level 3 ASSETS: Mutual funds $ 192 $ — $ — Interest rate swap contracts — 4,388 — Total assets at fair value $ 192 $ 4,388 $ — LIABILITIES: Foreign exchange forward contracts $ — $ 11,228 $ — As of April 30, 2024 Level 1 Level 2 Level 3 ASSETS: Mutual funds $ 178 $ — $ — Interest rate swap contracts — 9,810 — Total assets at fair value $ 178 $ 9,810 $ — LIABILITIES: Foreign exchange forward contracts $ — $ 1,544 $ —

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Oct. 31, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table disaggregates our consolidated revenue by major sales distribution channels for the three- and six-months ended October 31, 2024 and 2023: Three Months Ended Six Months Ended October 31, October 31, (in thousands) 2024 2023 2024 2023 Home center retailers $ 177,135 $ 193,872 $ 352,788 $ 404,332 Builders 205,143 207,583 415,258 410,958 Independent dealers and distributors 70,204 72,412 143,564 156,832 Net Sales $ 452,482 $ 473,867 $ 911,610 $ 972,122

Concentration of Risk (Tables)

Concentration of Risk (Tables)	6 Months Ended
	Oct. 31, 2024
Risks and Uncertainties [Abstract]
Summary Of Percentage Of Sales	The following table summarizes the percentage of net sales attributable to the Company's two largest customers for the three- and six-months ended October 31, 2024 and 2023: Three Months Ended Six Months Ended October 31, October 31, 2024 2023 2024 2023 Customer A 28.0% 27.9% 27.4% 28.1% Customer B 11.1% 13.0% 11.3% 13.5%

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Impairment charges related to goodwill			$ 0	$ 0
Other intangible assets
Finite-Lived Intangible Assets [Line Items]
Impairment charges related to other intangible assets	$ 0	$ 0
Maximum
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	6 years		6 years

Net Earnings Per Share (Schedul

Net Earnings Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share [Abstract]
Net income	$ 27,686	$ 29,633	$ 30,341	$ 37,850	$ 57,319	$ 68,191
Denominator for basic net earnings per common share - weighted-average shares	15,327,191		16,322,069		15,438,854	16,406,239
Effect of dilutive securities:
Stock options and restricted stock units	108,000		99,000		118,000	99,000
Diluted (in shares)	15,435,311		16,420,760		15,557,210	16,505,266
Earnings Per Share, Basic [Abstract]
Basic (in usd per share)	$ 1.81		$ 1.86		$ 3.71	$ 4.16
Earnings Per Share, Diluted [Abstract]
Diluted (in usd per share)	$ 1.79		$ 1.85		$ 3.68	$ 4.13
Stock excluded from the calculation of net earnings per share (shares)	0		30,780		0	43,590
Document Period End Date					Oct. 31, 2024

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details)	6 Months Ended
	Oct. 31, 2024 shares
Performance-based RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years
Common stock issuable per RSU granted (shares)	1
Share-Based Payment Arrangement, Tranche One | RSUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	1 year
Vesting rights, percentage	33.33%
Share-Based Payment Arrangement, Tranche One | Employee Service-Based RSTUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	1 year
Vesting rights, percentage	33.33%
Share-Based Payment Arrangement, Tranche Two | RSUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	2 years
Vesting rights, percentage	33.33%
Share-Based Payment Arrangement, Tranche Two | Employee Service-Based RSTUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	2 years
Share-Based Payment Arrangement, Tranche Three | RSUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years
Vesting rights, percentage	33.33%
Share-Based Payment Arrangement, Tranche Three | Employee Service-Based RSTUs | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Awards Granted (Details)	6 Months Ended
	Oct. 31, 2024 shares
Service-based RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs, Stock Awards Granted (in shares)	60,159
Performance-based RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs, Stock Awards Granted (in shares)	98,391

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock-Based Compensation Expense Allocated) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 2,864	$ 2,155	$ 5,805	$ 4,402
Cost of sales and distribution
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	596	473	1,136	1,051
Selling and marketing expenses
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	487	476	1,061	1,084
General and administrative expenses
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 1,781	$ 1,206	$ 3,608	$ 2,267

Customer Receivables (Component

Customer Receivables (Components Of Customer Receivables ) (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Gross customer receivables	$ 132,318	$ 126,680
Less:
Allowance for credit losses	(265)	(474)
Allowance for returns and discounts	(8,828)	(8,647)
Net customer receivables	$ 123,225	$ 117,559

Inventories (Components Of Inve

Inventories (Components Of Inventories) (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Inventory, Net [Abstract]
Raw materials	$ 80,651	$ 61,548
Work-in-process	45,558	44,464
Finished goods	57,769	53,089
Inventories	$ 183,978	$ 159,101

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 655,788		$ 655,788		$ 653,724
Less accumulated amortization and depreciation	(399,935)		(399,935)		(381,263)
Property, plant and equipment, net	255,853		255,853		272,461
Amortization and depreciation expense on property, plant and equipment	11,900	$ 9,700	23,100	$ 19,500
Finance lease, right-of-use asset, accumulated amortization	31,600		31,600		31,700
Land
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	4,475		4,475		4,475
Buildings and improvements
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	135,717		135,717		131,663
Buildings and improvements - finance leases
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	11,164		11,164		11,164
Machinery and equipment
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	399,846		399,846		370,940
Machinery and equipment - finance leases
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	32,462		32,462		32,173
Software
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	31,275		31,275		39,252
Construction in progress
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 40,849		$ 40,849		$ 64,057

Intangibles (Narrative) (Detail

Intangibles (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Oct. 31, 2023	Oct. 31, 2023
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 11.4	$ 22.8

Product Warranty (Schedule Of W

Product Warranty (Schedule Of Warranty Liability) (Details) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Product Warranties Disclosures [Abstract]
Warranty claims period	2 months
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Beginning balance	$ 5,581	$ 8,014
Accrual	9,799	10,465
Settlements	(10,436)	(11,506)
Ending balance	$ 4,944	$ 6,973

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Of Assets On Recurring Basis) (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	$ 0	$ 0
Total assets at fair value	192	178
Level 1 | Foreign Exchange Forward
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange forward contracts	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	4,388	9,810
Total assets at fair value	4,388	9,810
Level 2 | Foreign Exchange Forward
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange forward contracts	11,228	1,544
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	0	0
Total assets at fair value	0	0
Level 3 | Foreign Exchange Forward
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange forward contracts	0	0
Mutual funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, at fair value	192	178
Mutual funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, at fair value	0	0
Mutual funds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, at fair value	$ 0	$ 0

Loans Payable and Long-Term D_2

Loans Payable and Long-Term Debt (Details) - USD ($)			6 Months Ended
	Oct. 10, 2024	Apr. 22, 2021	Oct. 31, 2024	Apr. 30, 2024
Loans Payable | Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount		$ 200,000,000
Proceeds from loan	$ 200,000,000
Outstanding on the Initial Term Loan			$ 200,000,000	$ 206,300,000
Revolving loan facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		500,000,000
Proceeds from loan	$ 173,000,000
Outstanding on the Revolving Facility			173,400,000	$ 163,800,000
Line of Credit Facility, Remaining Borrowing Capacity			$ 313,200,000
Credit facility, commitment fee percentage			0.20%
Consolidated Interest Coverage Ratio			2
Total Net Leverage Ratio			4
Revolving loan facility | 4.875% Senior Notes Due 2026
Debt Instrument [Line Items]
Repayments of Debt		370,000,000
Letter of Credit
Debt Instrument [Line Items]
Outstanding on the Revolving Facility			$ 13,400,000
Line of Credit
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 50,000,000
Base Rate | Revolving loan facility
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End			0.25%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving loan facility
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End			1.25%

Loans Payable and Long-Term D_3

Loans Payable and Long-Term Debt - Maturities (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Debt Instrument [Line Items]
2025	$ 4,162
2026	7,267
2027	9,197
2028	13,038
2029	17,678
2030 and there-after	328,415
Long-Term Debt and Lease Obligation, Including Current Maturities	379,757	$ 376,114
Debt Issuance Costs, Net	(3,945)	(1,631)
Long-Term Debt and Lease Obligation, Current	(7,831)	(2,722)
Long-term debt, less current maturities	367,981	371,761
Term Loans
Debt Instrument [Line Items]
2025	2,500
2026	5,000
2027	7,500
2028	12,500
2029	17,500
2030 and there-after	155,000
Long-Term Debt and Lease Obligation, Including Current Maturities	200,000	206,250
Revolving loan facility
Debt Instrument [Line Items]
2025	0
2026	0
2027	0
2028	0
2029	0
2030 and there-after	173,407
Long-Term Debt and Lease Obligation, Including Current Maturities	173,407	163,750
Economic
Debt Instrument [Line Items]
2025	1,232
2026	2,267
2027	1,697
2028	538
2029	178
2030 and there-after	8
Long-Term Debt and Lease Obligation, Including Current Maturities	5,920	5,684
Other Long-Term Debt
Debt Instrument [Line Items]
2025	430
2026	0
2027	0
2028	0
2029	0
2030 and there-after	0
Long-Term Debt and Lease Obligation, Including Current Maturities	$ 430	$ 430

Derivative Financial Instrume_2

Derivative Financial Instruments (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024 USD ($) instrument	Oct. 31, 2023 USD ($)	Oct. 31, 2024 USD ($) instrument	Oct. 31, 2023 USD ($)	May 28, 2021 USD ($) instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Change in cash flow hedges (swap), net of taxes (benefit) of $(640) and $(335), and $(1,359) and $(24) for the three- and six-months ended October 31, 2024 and 2023, respectively	$ (1,903)	$ (986)	$ (4,045)	$ (72)
Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months			3,300
Gain (Loss) on Derivative Instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	1,800	1,800	3,600	3,600
Other Comprehensive Income (Loss) | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Change in cash flow hedges (swap), net of taxes (benefit) of $(640) and $(335), and $(1,359) and $(24) for the three- and six-months ended October 31, 2024 and 2023, respectively	100	$ 800	500	$ 3,500
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Fixed Interest Rate					0.53%
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Number of Instruments Held | instrument					4
Derivative, notional amount					$ 200,000
Foreign Exchange Forward | Not Designated as Hedging Instrument | Prepaid Expenses and Other Current Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign exchange forward contracts	$ 11,200		$ 11,200
Foreign Exchange Future | Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, forward exchange rate	18.25		18.25
Number of defined fixings | instrument	35		35
Cumulative profit cap			$ 1,800
Foreign Exchange Future | Not Designated as Hedging Instrument | Minimum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, forward exchange rate	18.25		18.25
Foreign Exchange Future | Not Designated as Hedging Instrument | Maximum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, forward exchange rate	19		19

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate (as a percent)	21.90%	25%	23.50%	23.30%

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Disaggregation of Revenue [Line Items]
Net sales	$ 452,482	$ 473,867	$ 911,610	$ 972,122
Home center retailers
Disaggregation of Revenue [Line Items]
Net sales	177,135	193,872	352,788	404,332
Builders
Disaggregation of Revenue [Line Items]
Net sales	205,143	207,583	415,258	410,958
Independent dealers and distributors
Disaggregation of Revenue [Line Items]
Net sales	$ 70,204	$ 72,412	$ 143,564	$ 156,832

Concentration of Risk (Details)

Concentration of Risk (Details) - Customer Concentration Risk	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Customer receivables | Customer A
Concentration Risk [Line Items]
Concentration risk (as a percent)			33.80%	32.30%
Customer receivables | Customer B
Concentration Risk [Line Items]
Concentration risk (as a percent)			16.20%	18.40%
Sales revenue, gross | Customer A
Concentration Risk [Line Items]
Concentration risk (as a percent)	28%	27.90%	27.40%	28.10%
Sales revenue, gross | Customer B
Concentration Risk [Line Items]
Concentration risk (as a percent)	11.10%	13%	11.30%	13.50%

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring charges, net	$ 1,133	$ (26)	$ 1,133	$ (198)
Restructuring Reserve	699		699		$ 0
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	699		699		$ 0
Payments for Restructuring			434
Restructuring charges, net	1,133	$ (26)	1,133	$ (198)
Employee Severance
Restructuring and Related Activities [Abstract]
Restructuring charges, net			1,133
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net			1,133
Employee Severance | Reduction in Force
Restructuring and Related Activities [Abstract]
Restructuring charges, net	1,100		1,100
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 1,100		$ 1,100

Other Information (Details)

Other Information (Details) $ in Millions	6 Months Ended
	Oct. 31, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency Accrual	$ 4.9
Loss Contingency Accrual, Net	3.7
Loss Contingency, Deposit Payment	$ 3.8