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Transactions With Related Parties
3 Months Ended
Jul. 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 months ended July 31, 2020 and 2019, certain former executive officers and stockholders and certain directors 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 $3.5 million and $3.6 million during the three months ended July 31, 2020 and 2019, respectively. Amounts due to SWP for purchases of inventory for distribution were $1.5 million and $1.2 million as of July 31, 2020 and April 30, 2020, respectively, and are included in accounts payable in the Condensed Consolidated Balance Sheets.