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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2021
Apr. 30, 2021
Current assets:    
Cash and cash equivalents $ 91,854 $ 88,658
Investments 16,280 16,006
Trade accounts receivable, less allowance for doubtful accounts of $458 at July 31, 2021 and $430 at April 30, 2021:    
Billed 22,872 24,438
Unbilled 2,001 2,201
Prepaid expenses and other current assets 6,957 5,320
Total current assets 139,964 136,623
Property and equipment, net of accumulated depreciation of $30,757 at July 31, 2021 and $30,582 at April 30, 2021 3,556 3,428
Capitalized software, net of accumulated amortization of $39,729 at July 31, 2021 and $38,826 at April 30, 2021 3,864 4,767
Goodwill 25,888 25,888
Other intangibles, net of accumulated amortization of $13,069 at July 31, 2021 and $13,015 at April 30, 2021 307 360
Lease right of use assets 1,271 1,454
Deferred sales commissions—noncurrent 2,335 2,474
Other assets 2,271 2,163
Total assets 179,456 177,157
Current liabilities:    
Accounts payable 2,028 1,732
Accrued compensation and related costs 4,121 6,129
Dividends payable 3,651 3,615
Operating lease obligations 693 739
Other current liabilities 1,718 1,307
Deferred revenue 36,921 37,142
Total current liabilities 49,132 50,664
Deferred income taxes 2,602 2,627
Long-term operating lease obligations 674 821
Other long-term liabilities 514 654
Total liabilities 52,922 54,766
Shareholders’ equity:    
Additional paid-in capital 164,299 159,492
Retained deficit (15,991) (15,287)
Class A treasury stock, 4,588,632 shares at July 31, 2021 and April 30, 2021, at cost (25,559) (25,559)
Total shareholders’ equity 126,534 122,391
Commitments and contingencies
Total liabilities and shareholders’ equity 179,456 177,157
Class A Common Shares    
Shareholders’ equity:    
Common stock value 3,603 3,563
Class B Common Shares    
Shareholders’ equity:    
Common stock value $ 182 $ 182