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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2021
Apr. 30, 2020
Current assets:    
Cash and cash equivalents $ 86,721 $ 79,814
Investments 14,052 14,161
Trade accounts receivable, less allowance for doubtful accounts of $298 at January 31, 2021 and $264 at April 30, 2020:    
Billed 17,804 22,582
Unbilled 1,954 2,425
Prepaid expenses and other current assets 6,161 6,684
Total current assets 126,692 125,666
Investments—noncurrent 0 701
Property and equipment, net of accumulated depreciation of $30,427 at January 31, 2021 and $29,959 at April 30, 2020 3,368 3,373
Capitalized software, net of accumulated amortization of $37,868 at January 31, 2021 and $34,611 at April 30, 2020 5,708 8,362
Goodwill 25,888 25,888
Other intangibles, net of accumulated amortization of $12,962 at January 31, 2021 and $12,243 at April 30, 2020 413 1,132
Lease right of use assets 1,635 2,053
Deferred sales commissions—noncurrent 1,842 2,177
Other assets 1,878 1,941
Total assets 167,424 171,293
Current liabilities:    
Accounts payable 1,696 1,643
Accrued compensation and related costs 4,337 6,635
Dividends payable 3,597 3,547
Operating lease obligations 774 763
Other current liabilities 987 643
Deferred revenue 32,023 34,227
Total current liabilities 43,414 47,458
Deferred income taxes 2,572 2,897
Long-term operating lease obligations 975 1,424
Other long-term liabilities 113 92
Total liabilities 47,074 51,871
Shareholders’ equity:    
Additional paid-in capital 156,902 150,312
Retained deficit (14,721) (9,013)
Class A treasury stock, 4,588,632 shares at January 31, 2021 and April 30, 2020, at cost (25,559) (25,559)
Total shareholders’ equity 120,350 119,422
Commitments and contingencies
Total liabilities and shareholders’ equity 167,424 171,293
Class A Common Shares    
Shareholders’ equity:    
Common stock value 3,546 3,500
Class B Common Shares    
Shareholders’ equity:    
Common stock value $ 182 $ 182