XML 55 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2020
Apr. 30, 2019
Current assets:    
Cash and cash equivalents $ 68,809 $ 61,288
Investments 27,478 24,710
Trade accounts receivable, less allowance for doubtful accounts of $225 at January 31, 2020 and $153 at April 30, 2019:    
Billed 21,202 18,819
Unbilled 2,436 1,475
Prepaid expenses and other current assets 6,576 6,210
Total current assets 126,501 112,502
Investments—noncurrent 0 2,484
Property and equipment, net of accumulated depreciation of $29,804 at January 31, 2020 and $29,327 at April 30, 2019 3,447 3,585
Capitalized software, net of accumulated amortization of $33,285 at January 31, 2020 and $28,740 at April 30, 2019 9,215 11,063
Goodwill 25,888 25,888
Other intangibles, net of accumulated amortization of $11,931 at January 31, 2020 and $10,643 at April 30, 2019 1,444 2,732
Lease right of use assets 2,228  
Deferred sales commissions—noncurrent 2,231 1,546
Other assets 1,738 1,510
Total assets 172,692 161,310
Current liabilities:    
Accounts payable 1,772 2,448
Accrued compensation and related costs 6,006 2,561
Dividends payable 3,522 3,434
Operating lease obligations 770  
Other current liabilities 1,520 1,375
Deferred revenue 34,419 33,283
Total current liabilities 48,009 43,101
Deferred income taxes 3,322 3,514
Long-term operating lease obligations 1,596  
Other long-term liabilities 93 88
Total liabilities 53,020 46,703
Shareholders’ equity:    
Additional paid-in capital 147,582 138,315
Retained deficit (6,011) (1,729)
Class A treasury stock, 4,588,632 shares at January 31, 2020 and April 30, 2019, at cost (25,559) (25,559)
Total shareholders’ equity 119,672 114,607
Commitments and contingencies
Total liabilities and shareholders’ equity 172,692 161,310
Class A Common Shares    
Shareholders’ equity:    
Common stock value 3,478 3,398
Class B Common Shares    
Shareholders’ equity:    
Common stock value $ 182 $ 182