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Earnings Per Common Share (Tables)
 6 Months Ended
Oct. 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
October 31, 2019
 
Six Months Ended
October 31, 2019
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.22

 
$
0.22

Undistributed losses
(0.05
)
 
(0.05
)
 
(0.13
)
 
(0.13
)
Total
$
0.06

 
$
0.06

 
$
0.09

 
$
0.09

Distributed earnings
$
3,303

 
$
202

 
$
6,552

 
$
403

Undistributed losses
(1,645
)
 
(101
)
 
(3,810
)
 
(234
)
Total
$
1,658

 
$
101

 
$
2,742

 
$
169

Basic weighted average common shares outstanding
29,787

 
1,822

 
29,618

 
1,822

 
Three Months Ended
October 31, 2018
 
Six Months Ended
October 31, 2018
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.22

 
$
0.22

Undistributed losses
(0.07
)
 
(0.07
)
 
(0.13
)
 
(0.13
)
Total
$
0.04

 
$
0.04

 
$
0.09

 
$
0.09

Distributed earnings
$
3,200

 
$
205

 
$
6,396

 
$
409

Undistributed losses
(2,033
)
 
(129
)
 
(3,927
)
 
(250
)
Total
$
1,167

 
$
76

 
$
2,469

 
$
159

Basic weighted average common shares outstanding
29,104

 
1,822

 
28,959

 
1,866

 
 
 
 
 
 
 
 
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 October 31, 2019
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
1,658

 
29,787

 
$
0.06

Common Stock Equivalents
—

 
701

 
—

 
1,658

 
30,488

 
0.05

Class B Common Share Conversion
101

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
1,759

 
32,310

 
$
0.05

Six Months Ended October 31, 2019
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
2,742

 
29,618

 
$
0.09

Common Stock Equivalents
—

 
626

 
—

 
2,742

 
30,244

 
0.09

Class B Common Share Conversion
169

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
2,911

 
32,066

 
$
0.09

Three Months Ended October 31, 2018
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
1,167

 
29,104

 
$
0.04

Common Stock Equivalents
—

 
552

 
—

 
1,167

 
29,656

 
0.04

Class B Common Share Conversion
76

 
1,822

 
—

Diluted EPS for Class A Common Shares*
$
1,243

 
31,478

 
$
0.04

Six Months Ended October 31, 2018
 
Undistributed
& Distributed
Earnings to
Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
2,469

 
28,959

 
$
0.09

Common Stock Equivalents
—

 
587

 
—

 
2,469

 
29,546

 
0.08

Class B Common Share Conversion
159

 
1,866

 
—

Diluted EPS for Class A Common Shares
$
2,628

 
31,412

 
$
0.08
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 October 31, 2019
 
Undistributed
& Distributed
Earnings to
Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
101

 
1,822

 
$
0.06

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

 
—

 
—

Diluted EPS for Class B Common Shares
$
104

 
1,822

 
$
0.06

Six Months Ended October 31, 2019
 
Undistributed
& Distributed
Earnings to
Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
169

 
1,822

 
$
0.09

Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares
6

 
—

 
—

Diluted EPS for Class B Common Shares
$
175

 
1,822

 
$
0.10

Three Months Ended October 31, 2018
 
Undistributed
& Distributed
Earnings to
Class B
Common Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
76

 
1,822

 
$
0.04

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

 
—

 
—

Diluted EPS for Class B Common Shares
$
78

 
1,822

 
$
0.04








Six Months Ended October 31, 2018

 
Undistributed
& Distributed
Earnings to
Class B
Common Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
159

 
1,866

 
$
0.09

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

 
—

 
—

Diluted EPS for Class B Common Shares
$
159

 
1,866

 
$
0.09

*Amounts adjusted for rounding