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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 110,452 $ 120,728
Accounts receivable, net of allowances for credit losses of $25 on January 31, 2022 and $107 on April 30, 2021 23,781 62,695
Inventories 182,501 136,660
Prepaid expenses and other current assets 8,893 5,569
Income tax receivable 748 1,945
Total current assets 326,375 327,597
Property, plant, and equipment, net 160,793 135,591
Intangibles, net 3,614 3,608
Goodwill 19,024 19,024
Deferred income taxes 1,221 1,221
Other assets 10,229 10,435
Total assets 521,256 497,476
Current liabilities:    
Accounts payable 53,865 30,042
Accrued expenses and deferred revenue 24,628 23,482
Accrued payroll and incentives 15,936 17,371
Accrued income taxes 1,829 2,673
Accrued profit sharing 17,031 13,543
Accrued warranty 1,763 1,838
Total current liabilities 115,052 88,949
Finance lease payable, net of current portion 37,323 37,628
Other non-current liabilities 9,435 10,385
Total liabilities 161,810 136,962
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.001 par value, 100,000,000 shares authorized, 74,550,885 issued and 45,510,515 shares outstanding on January 31, 2022 and 74,222,127 shares issued and 49,937,329 shares outstanding on April 30, 2021 75 75
Additional paid-in capital 278,297 278,101
Retained earnings 503,376 504,640
Accumulated other comprehensive income 73 73
Treasury stock, at cost (29,040,370 shares on January 31, 2022 and 24,284,798 on April 30, 2021) (422,375) (422,375)
Total stockholders’ equity 359,446 360,514
Total liabilities and stockholders' equity $ 521,256 $ 497,476