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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2019
Apr. 30, 2019
Current assets:    
Cash and cash equivalents $ 62,684 $ 61,288
Investments 31,493 24,710
Trade accounts receivable, less allowance for doubtful accounts of $109 at October 31, 2019 and $153 at April 30, 2019:    
Billed 15,432 18,819
Unbilled 2,682 1,475
Prepaid expenses and other current assets 6,812 6,210
Total current assets 119,103 112,502
Investments—noncurrent 494 2,484
Property and equipment, net of accumulated depreciation of $29,644 at October 31, 2019 and $29,327 at April 30, 2019 3,505 3,585
Capitalized software, net of accumulated amortization of $31,877 at October 31, 2019 and $28,740 at April 30, 2019 9,816 11,063
Goodwill 25,888 25,888
Other intangibles, net of accumulated amortization of $11,618 at October 31, 2019 and $10,643 at April 30, 2019 1,759 2,732
Lease right of use assets 2,401  
Deferred sales commissions—noncurrent 1,881 1,546
Other assets 1,731 1,510
Total assets 166,578 161,310
Current liabilities:    
Accounts payable 1,846 2,448
Accrued compensation and related costs 4,097 2,561
Dividends payable 3,505 3,434
Operating lease obligations 775  
Other current liabilities 688 1,375
Deferred revenue 32,563 33,283
Total current liabilities 43,474 43,101
Deferred income taxes 3,382 3,514
Long-term operating lease obligations 1,769  
Other long-term liabilities 87 88
Total liabilities 48,712 46,703
Shareholders’ equity:    
Additional paid-in capital 145,554 138,315
Retained (deficit) (5,774) (1,729)
Class A treasury stock, 4,588,632 shares at October 31, 2019 and April 30, 2019, at cost (25,559) (25,559)
Total shareholders’ equity 117,866 114,607
Commitments and contingencies
Total liabilities and shareholders’ equity 166,578 161,310
Class A Common Shares    
Shareholders’ equity:    
Common stock value 3,463 3,398
Class B Common Shares    
Shareholders’ equity:    
Common stock value $ 182 $ 182