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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net earnings $ 4,929 $ 10,785
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 5,671 4,305
Stock-based compensation expense 1,308 1,108
Net loss (gain) on investments 393 (1,378)
Deferred income taxes (166) 208
Changes in operating assets and liabilities:    
Purchases of trading securities (7,427) (20,010)
Proceeds from maturities and sales of trading securities 12,944 11,656
Accounts receivable, net (831) (2,926)
Prepaid expenses and other assets 724 (1,494)
Accounts payable and other liabilities (4,031) (999)
Deferred revenue 94 4,096
Net cash provided by operating activities 13,608 5,351
Cash flows from investing activities:    
Capitalized computer software development costs (4,162) (3,652)
Purchases of property and equipment, net of disposals (1,014) (413)
Purchases of business, net of cash acquired 0 (9,253)
Net cash used in investing activities (5,176) (13,318)
Cash flows from financing activities:    
Proceeds from exercise of stock options 4,004 6,719
Dividends paid (10,172) (9,841)
Net cash used in financing activities (6,168) (3,122)
Net change in cash and cash equivalents 2,264 (11,089)
Cash and cash equivalents at beginning of period 52,794 66,001
Cash and cash equivalents at end of period 55,058 54,912
Income taxes, net of refunds $ 505 $ 6,764