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Transactions With Related Parties
9 Months Ended
Jan. 31, 2020
Transactions With Related Parties  
Transactions With Related Parties

12. Transactions With Related Parties

The Company purchases inventories from Southern Wall Products, Inc. (“SWP”) on a continuing basis. During the three and nine months ended January 31, 2020, certain executive officers and stockholders of the Company were stockholders of SWP, which was spun-off from Gypsum Management and Supply, Inc. on August 31, 2012. The Company purchased inventory from SWP for distribution in the amount of $3.2 million and $3.0 million during the three months ended January 31, 2020 and 2019, respectively, and $10.5 million and $10.0 million during the nine months ended January 31, 2020 and 2019, respectively. Amounts due to SWP for purchases of inventory for distribution were $1.1 million and $1.2 million as of January 31, 2020 and April 30, 2019, respectively, and are included in accounts payable in the Condensed Consolidated Balance Sheets.