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Earnings Per Common Share (Tables)
 3 Months Ended
Jul. 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
July 31, 2019
 
Three Months Ended
July 31, 2018



Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.11

 
$
0.11

Undistributed losses
(0.07
)
 
(0.07
)
 
(0.06
)
 
(0.06
)
Total
$
0.04

 
$
0.04

 
$
0.05

 
$
0.05

Distributed earnings
$
3,245

 
$
206

 
$
3,189

 
$
211

Undistributed losses
(2,163
)
 
(136
)
 
(1,890
)
 
(125
)
Total
$
1,082

 
$
70

 
$
1,299

 
$
86

Basic weighted average common shares outstanding
29,448

 
1,822

 
28,814

 
1,911

 
 
 
 
 
 
 
 
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 July 31, 2019
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
1,082

 
29,448

 
$
0.04

Common Stock Equivalents
—

 
681

 
—

 
1,082

 
30,129

 
0.04

Class B Common Share Conversion
70

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
1,152

 
31,951

 
$
0.04




Three Months Ended July 31, 2018
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
1,299

 
28,814

 
$
0.05

Common Stock Equivalents
—

 
618

 
—

 
1,299

 
29,432

 
0.04

Class B Common Share Conversion
86

 
1,911

 
—

Diluted EPS for Class A Common Shares
$
1,385

 
31,343

 
$
0.04
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 July 31, 2019
 
Undistributed
& Distributed
Earnings to
Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
70

 
1,822

 
$
0.04

Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares
3

 
—

 
—

Diluted EPS for Class B Common Shares
$
73

 
1,822

 
$
0.04

Three Months Ended July 31, 2018
 
Undistributed
& Distributed
Earnings to
Class B
Common Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
86

 
1,911

 
$
0.05

Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares
2

 
—

 
—

Diluted EPS for Class B Common Shares
$
88

 
1,911

 
$
0.05

*Amounts adjusted for rounding