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Earnings Per Common Share (Tables)
 9 Months Ended
Jan. 31, 2019
Earnings Per Share [Abstract]  
Basic Earnings Per Common Share
The following tables set forth the computation of basic earnings per common share and diluted earnings per common share (in thousands except for per share amounts):
Basic earnings per common share:
 
Three Months Ended
January 31, 2019
 
Nine Months Ended
January 31, 2019
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.33

 
$
0.33

Undistributed losses
(0.04
)
 
(0.04
)
 
(0.17
)
 
(0.17
)
Total
$
0.07

 
$
0.07

 
$
0.16

 
$
0.16

Distributed earnings
$
3,213

 
$
204

 
$
9,609

 
$
613

Undistributed losses
(1,047
)
 
(69
)
 
(4,974
)
 
(319
)
Total
$
2,166

 
$
135

 
$
4,635

 
$
294

Basic weighted average common shares outstanding
29,188

 
1,822

 
29,036

 
1,851

 
Three Months Ended
January 31, 2018
 
Nine Months Ended
January 31, 2018
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.33

 
$
0.33

Undistributed earnings
0.07

 
0.07

 
0.03

 
0.03

Total
$
0.18

 
$
0.18

 
$
0.36

 
$
0.36

Distributed earnings
$
3,102

 
$
242

 
$
9,180

 
$
747

Undistributed earnings
2,069

 
167

 
799

 
59

Total
$
5,171

 
$
409

 
$
9,979

 
$
806

Basic weighted average common shares outstanding
27,992

 
2,252

 
27,630

 
2,310
Diluted Earnings Per Share for Class A Common Shares Using If-Converted Method
Diluted EPS for Class A Common Shares Using the If-Converted Method
Three Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
2,166

 
29,188

 
$
0.07

Common Stock Equivalents
—

 
173

 
—

 
2,166

 
29,361

 
0.07

Class B Common Share Conversion
135

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
2,301

 
31,183

 
$
0.07

Nine Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
4,635

 
29,036

 
$
0.16

Common Stock Equivalents
—

 
464

 
—

 
4,635

 
29,500

 
0.16

Class B Common Share Conversion
294

 
1,851

 
—

Diluted EPS for Class A Common Shares
$
4,929

 
31,351

 
$
0.16

Three Months Ended January 31, 2018
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
5,171

 
27,992

 
$
0.18

Common Stock Equivalents
—

 
457

 
—

 
5,171

 
28,449

 
0.18

Class B Common Share Conversion
409

 
2,252

 
—

Diluted EPS for Class A Common Shares
$
5,580

 
30,701

 
$
0.18


Nine Months Ended January 31, 2018
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
9,979

 
27,630

 
$
0.36

Common Stock Equivalents
—

 
359

 
—

 
9,979

 
27,989

 
0.36

Class B Common Share Conversion
806

 
2,310

 
—

Diluted EPS for Class A Common Shares
$
10,785

 
30,299

 
$
0.36
Diluted Earnings Per Share for Class B Common Shares Using Two-Class Method
Diluted EPS for Class B Common Shares Using the Two-Class Method
Three Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings to
Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
135

 
1,822

 
$
0.07

Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares
1

 
—

 
—

Diluted EPS for Class B Common Shares
$
136

 
1,822

 
$
0.07



Nine Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings to
Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
294

 
1,851

 
$
0.16

Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares
1

 
—

 
—

Diluted EPS for Class B Common Shares
$
295

 
1,851

 
$
0.16

Three Months Ended January 31, 2018
 
Undistributed
& Distributed
Earnings to
Class B
Common Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
409

 
2,252

 
$
0.18

Reallocation of undistributed losses from Class A Common Shares to Class B Common Shares
(2
)
 
—

 
—

Diluted EPS for Class B Common Shares
$
407

 
2,252

 
$
0.18


Nine Months Ended January 31, 2018
 
Undistributed
& Distributed
Earnings to
Class B
Common Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
806

 
2,310

 
$
0.36

Reallocation of undistributed losses from Class A Common Shares to Class B Common Shares
(1
)
 
—

 
—

Diluted EPS for Class B Common Shares
$
805

 
2,310

 
$
0.36