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Earnings Per Common Share (Tables)
 9 Months Ended
Jan. 31, 2020
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
January 31, 2020
 
Nine Months Ended
January 31, 2020
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.33

 
$
0.33

Undistributed losses
(0.01
)
 
(0.01
)
 
(0.13
)
 
(0.13
)
Total
$
0.10

 
$
0.10

 
$
0.20

 
$
0.20

Distributed earnings
$
3,321

 
$
201

 
$
9,873

 
$
604

Undistributed losses
(223
)
 
(13
)
 
(4,033
)
 
(247
)
Total
$
3,098

 
$
188

 
$
5,840

 
$
357

Basic weighted average common shares outstanding
30,133

 
1,822

 
29,789

 
1,822

 
Three Months Ended
January 31, 2019
 
Nine Months Ended
January 31, 2019
Class A
Common
Shares
 
Class B
Common
Shares
 
Class A
Common
Shares
 
Class B
Common
Shares
Distributed earnings
$
0.11

 
$
0.11

 
$
0.33

 
$
0.33

Undistributed losses
(0.04
)
 
(0.04
)
 
(0.17
)
 
(0.17
)
Total
$
0.07

 
$
0.07

 
$
0.16

 
$
0.16

Distributed earnings
$
3,213

 
$
204

 
$
9,609

 
$
613

Undistributed losses
(1,047
)
 
(69
)
 
(4,974
)
 
(319
)
Total
$
2,166

 
$
135

 
$
4,635

 
$
294

Basic weighted average common shares outstanding
29,188

 
1,822

 
29,036

 
1,851

 
 
 
 
 
 
 
 
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 January 31, 2020
 
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
3,098

 
30,133

 
$
0.10

Common Stock Equivalents
—

 
713

 
—

 
3,098

 
30,846

 
0.10

Class B Common Share Conversion
188

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
3,286

 
32,668

 
$
0.10

Nine Months Ended January 31, 2020
 
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
5,840

 
29,789

 
$
0.20

Common Stock Equivalents
—

 
649

 
—

 
5,840

 
30,438

 
0.19

Class B Common Share Conversion
357

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
6,197

 
32,260

 
$
0.19

Three Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
2,166

 
29,188

 
$
0.07

Common Stock Equivalents
—

 
173

 
—

 
2,166

 
29,361

 
0.07

Class B Common Share Conversion
135

 
1,822

 
—

Diluted EPS for Class A Common Shares
$
2,301

 
31,183

 
$
0.07

Nine Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
 
Class A
Common
Shares
 
EPS*
Per Basic
$
4,635

 
29,036

 
$
0.16

Common Stock Equivalents
—

 
464

 
—

 
4,635

 
29,500

 
0.16

Class B Common Share Conversion
294

 
1,851

 
—

Diluted EPS for Class A Common Shares
$
4,929

 
31,351

 
$
0.16
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 January 31, 2020
 
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
188

 
1,822

 
$
0.10

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

 
—

 
—

Diluted EPS for Class B Common Shares
$
188

 
1,822

 
$
0.10

Nine Months Ended January 31, 2020
 
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
357

 
1,822

 
$
0.20

Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares
5

 
—

 
—

Diluted EPS for Class B Common Shares
$
362

 
1,822

 
$
0.20

Three Months Ended January 31, 2019
 
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
135

 
1,822

 
$
0.07

Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares
1

 
—

 
—

Diluted EPS for Class B Common Shares
$
136

 
1,822

 
$
0.07






Nine Months Ended January 31, 2019

 
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
 
Class B
Common
Shares
 
EPS*
Per Basic
$
294

 
1,851

 
$
0.16

Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares
1

 
—

 
—

Diluted EPS for Class B Common Shares
$
295

 
1,851

 
$
0.16

*Amounts adjusted for rounding