XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash flows from operating activities:    
Net earnings $ 9,201 $ 5,037
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,170 4,441
(Gain) on sale of fixed assets (36) 0
Stock-based compensation expense 2,910 1,901
Net gain on investments (1,073) (1,945)
Deferred income taxes (167) (325)
Changes in operating assets and liabilities:    
Purchases of trading securities (215) (779)
Proceeds from maturities and sales of trading securities 831 3,534
Accounts receivable, net (780) 5,248
Prepaid expenses and other assets (653) 922
Accounts payable and other liabilities (91) (1,897)
Deferred revenue 953 (2,204)
Net cash provided by operating activities 14,050 13,933
Cash flows from investing activities:    
Capitalized computer software development costs 0 (604)
Purchases of property and equipment, net of disposals (801) (461)
Net cash used in investing activities (801) (1,065)
Cash flows from financing activities:    
Proceeds from exercise of stock options 7,405 4,735
Dividends paid (10,957) (10,696)
Net cash used in financing activities (3,552) (5,961)
Net change in cash and cash equivalents 9,697 6,907
Cash and cash equivalents at beginning of period 88,658 79,814
Cash and cash equivalents at end of period 98,355 86,721
Supplemental disclosures of noncash operating, investing and financing activities:    
Income taxes, net of refunds 180 485
Accrual of dividends payable $ 3,689 $ 3,597