v3.24.0.1
Equity - Share Based Payment Award Performance Shares Valuation Assumptions (Details) - PSUs
9 Months Ended
Jan. 31, 2024
CorrelationCoefficient
$ / shares
Jan. 31, 2023
CorrelationCoefficient
$ / shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Correlation coefficient | CorrelationCoefficient [1] 0.48 0.5
Risk-free interest rate [2] 3.81% 2.91%
Dividend yield [3] 0.00% 0.00%
American Outdoor Brands, Inc.    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Grant date fair market value $ 8.79 $ 12.7
Volatility [4] 45.53% 49.04%
Russell 2000 Index    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Grant date fair market value $ 1,769.21 $ 1,882.91
Volatility [4] 27.08% 31.75%
[1] The correlation coefficient utilizes the same historical price data used to develop the volatility assumptions.
[2] The risk-free interest rate is based on the yield of a zero-coupon U.S. Treasury bill, commensurate with the three-year performance period.
[3] We do not expect to pay dividends in the foreseeable future.
[4] Expected volatility is calculated based on a peer group over the most recent period that represents the remaining term of the performance period as of the valuation date, or three years.