Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2020

Accounting Policies [Abstract]

Schedule of Contract Balances

	Years ended April 30,
	2020		2019
	in thousands
Deferred revenue, current	$	34,227	$	33,283
Deferred revenue, long-term	—		—
Total deferred revenue	$	34,227	$	33,283

Schedule of Disaggregated Revenue

The Company’s revenue by geography is as follows:

	Years ended April 30,
	2020		2019
	in thousands
Revenues:
Domestic	$	93,332	$	87,316
International	22,134		21,390
	$	115,466	$	108,706

Total Expenditures and Amortization of Capitalized Computer Software

Total expenditures for capitalized computer software development costs, total research and development expense, and total amortization of capitalized computer software development costs are as follows:

	Years ended April 30,
	2020		2019		2018
	(in thousands)
Total capitalized computer software development costs	$	3,170	$	5,961	$	4,804
Total research and development expense	15,348		13,078		11,877
Total research and development expense and capitalized computer software-development costs	$	18,518	$	19,039	$	16,681
Total amortization of capitalized computer software development costs	$	5,871	$	4,627	$	3,690

Capitalized Computer Software Development Costs

Capitalized computer software development costs consist of the following at April 30, 2020 and 2019 (in thousands):

	2020			2019
Capitalized computer software development costs	$	42,973		$	39,803
Accumulated amortization	(34,611		)	(28,740		)
	$	8,362		$	11,063

Expected Amortization Expense

The Company expects amortization expense for the next five years to be as follows based on intangible assets as of April 30, 2020 (in thousands):

2021	$	772
2022	212
2023	52
2024	38
2025	38
Thereafter	20
	$	1,132

Of the Company’s capitalized software projects that are currently completed and being amortized, the Company expects amortization expense for the next three years to be as follows (in thousands):

2021	$	3,437
2022	2,222
2023	197
	$	5,856

Acquisition-Related Intangible Assets

Acquisition-Related Intangible Assets consist of the following at April 30, 2020 and 2019 (in thousands):

	Weighted Average Amortization in Years	2020			2019
Current technology	3	$	6,000		$	6,000
Customer relationships	8	1,700			1,700
Non-compete	3	100			100
Trademarks	3	340			340
		8,140			8,140
Accumulated amortization		(7,008		)	(5,408		)
		$	1,132		$	2,732

Goodwill

Goodwill consisted of the following by segment (in thousands):

	Supply Chain Management*		IT Consulting		Other		Total
Balance at April 30, 2018	$	25,888	$	—	$	—	$	25,888
Balance at April 30, 2019	25,888		—		—		25,888
Balance at April 30, 2020	$	25,888	$	—	$	—	$	25,888

* Goodwill related to Logility, Inc., New Generation Computing, Inc., Demand Management, Inc. and their acquisitions.

Intangible Assets (Including Acquisition-Related Intangible Assets)

Intangible Assets (including Acquisition-Related Intangible Assets) consisted of the following by segment (in thousands):

				IT Consulting		Other		Total
Balance at April 30, 2018	$	5,120		$	—	$	—	$	5,120
Amortization expense	(2,388		)	—		—		(2,388		)
Balance at April 30, 2019	2,732			—		—		2,732
Amortization expense	(1,600		)	—		—		(1,600		)
Balance at April 30, 2020	$	1,132		$	—	$	—	$	1,132

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). See Note 6 for total stock options outstanding and potential dilution:

Basic earnings per common share: 

	Year Ended April 30, 2020						Year Ended April 30, 2019						Year Ended April 30, 2018
	Class A Common Shares			Class B Common Shares			Class A Common Shares			Class B Common Shares			Class A Common Shares			Class B Common Shares
Distributed earnings per share	$	0.44		$	0.44		$	0.44		$	0.44		$	0.44		$	0.43
Undistributed earnings/(loss) per share	(0.23		)	(0.23		)	(0.22		)	(0.22		)	(0.04		)	(0.04		)
Total per share	$	0.21		$	0.21		$	0.22		$	0.22		$	0.40		$	0.39
Distributed earnings	$	13,219		$	805		$	12,837		$	819		$	12,321		$	974
Undistributed earnings/(loss)	(6,864		)	(418		)	(6,441		)	(412		)	(1,151		)	(91		)
Total	$	6,355		$	387		$	6,396		$	407		$	11,170		$	883
Basic weighted average common shares	29,925			1,822			29,106			1,844			27,805			2,275

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

Year Ended April 30, 2020

	Undistributed and distributed earnings to Class A Common Shares		Class A Common Shares	EPS*
Per basic	$	6,355	29,925	$	0.21
Common stock equivalents	—		620
	6,355		30,545	0.21
Class B Common Share Conversion	387		1,822
Diluted EPS for Class A Common Shares	$	6,742	32,367	$	0.21

Year Ended April 30, 2019

	Undistributed and distributed earnings to Class A Common Shares		Class A Common Shares		EPS*
Per basic	$	6,396	29,106		$	0.22
Common stock equivalents	—		429
	6,396		29,535		0.22
Class B Common Share Conversion	407		1,844
Diluted EPS for Class A Common Shares	$	6,803	$	31,379	$	0.22

Year Ended April 30, 2018

	Undistributed and distributed earnings to Class A Common Shares		Class A Common Shares		EPS*
Per basic	$	11,170	27,805		$	0.40
Common stock equivalents	—		392
	11,170		28,197		0.40
Class B Common Share Conversion	883		2,275
Diluted EPS for Class A Common Shares	$	12,053	$	30,472	$	0.40

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

Year Ended April 30, 2020

	Undistributed and distributed earnings to Class B Common Shares		Class B Common Shares	EPS*
Per basic	$	387	1,822	0.21
Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares	5		—
Diluted EPS for Class B Common Shares	$	392	1,822	0.22

Year Ended April 30, 2019

	Undistributed and distributed earnings to Class B Common Shares		Class B Common Shares	EPS*
Per basic	$	407	1,844	0.22
Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares	2		—
Diluted EPS for Class B Common Shares	$	409	1,844	0.22

Year Ended April 30, 2018

	Undistributed and distributed earnings to Class B Common Shares		Class B Common Shares	EPS*
Per basic	$	883	2,275	0.39
Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares	—		—
Diluted EPS for Class B Common Shares	$	883	2,275	0.39

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* Amounts adjusted for rounding