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Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2022
Accounting Policies [Abstract]  
Schedule of Contract Balances
Years ended April 30,
20222021
(in thousands)
Deferred revenue, current$41,953 $37,142 
Deferred revenue, long-term*— 540 
Total deferred revenue$41,953 $37,682 
*Included in other long-term liabilities on the accompanying consolidated balance sheet
Schedule of Disaggregated Revenue
The Company’s revenue by geography is as follows:
Years ended April 30,
20222021
(in thousands)
Revenue:
Domestic$107,099 $94,676 
International20,454 16,732 
$127,553 $111,408 
Total Expenditures and Amortization of Capitalized Computer Software Total expenditures for capitalized computer software development costs, total research and development expense, and total amortization of capitalized computer software development costs are as follows: 
 Years ended April 30,
 202220212020
 (in thousands)
Total capitalized computer software development costs$— $620 $3,170 
Total research and development expense17,600 16,964 15,348 
Total research and development expense and capitalized computer software-development costs$17,600 $17,584 $18,518 
Total amortization of capitalized computer software development costs$3,181 $4,215 $5,871 
Capitalized Computer Software Development Costs
Capitalized computer software development costs consist of the following at April 30, 2022 and 2021 (in thousands): 
20222021
Capitalized computer software development costs$43,593 $43,593 
Accumulated amortization(42,007)(38,826)
$1,586 $4,767 
Expected Amortization Expense
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): 
2023$1,196 
2024379 
202511 
$1,586 
The Company expects amortization expense for the next five years to be as follows based on intangible assets as of April 30, 2022 (in thousands): 
2023$52 
202438 
202538 
202619 
$147 
Acquisition-Related Intangible Assets
Acquisition-Related Intangible Assets consist of the following at April 30, 2022 and 2021 (in thousands): 
Weighted
Average
Amortization
in Years
20222021
Current technology3$6,000 $6,000 
Customer relationships81,700 1,700 
Non-compete3100 100 
Trademarks3340 340 
8,140 8,140 
Accumulated amortization(7,993)(7,780)
$147 $360 
Goodwill
Goodwill consisted of the following by segment (in thousands):
Supply Chain
Management*
IT
Consulting
OtherTotal
Balance at April 30, 2021$25,888 — — $25,888 
Balance at April 30, 2022$25,888 $— $— $25,888 
 
*    Goodwill related to Logility, Inc. and its acquisitions.
Intangible Assets (Including Acquisition-Related Intangible Assets)
Intangible Assets (including Acquisition-Related Intangible Assets) consisted of the following by segment (in thousands):
Supply Chain
Management
IT
Consulting
OtherTotal
Balance at April 30, 2020$1,132 $— $— $1,132 
Amortization expense(772)— — (772)
Balance at April 30, 2021360 — — 360 
Amortization expense(213)— — (213)
Balance at April 30, 2022$147 $— $— $147 
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, 2022
Year Ended
April 30, 2021
Year Ended
April 30, 2020
 Class A Common SharesClass B Common SharesClass A Common SharesClass B Common SharesClass A Common SharesClass B Common Shares
Distributed earnings per share$0.44 $0.44 $0.44 $0.44 $0.44 $0.44 
Undistributed earnings/(loss) per share(0.06)(0.06)(0.19)(0.19)(0.23)(0.23)
Total per share$0.38 $0.38 $0.25 $0.25 $0.21 $0.21 
Distributed earnings$13,925 $803 $13,556 $803 $13,219 $805 
Undistributed earnings/(loss)(1,840)(106)(5,921)(351)(6,864)(418)
Total$12,085 $697 $7,635 $452 $6,355 $387 
Basic weighted average common shares31,543 1,822 30,737 1,822 29,925 1,822 
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, 2022
Undistributed and
distributed earnings
to Class A
Common Shares
Class A
Common
Shares
EPS*
Per basic$12,085 31,543 $0.38 
Common stock equivalents— 940 
12,085 32,483 0.37 
Class B Common Share Conversion697 1,822 
Diluted EPS for Class A Common Shares$12,782 34,305 $0.37 
Year Ended April 30, 2021
Undistributed and
distributed earnings
to Class A
Common Shares
Class A
Common
Shares
EPS*
Per basic$7,635 30,737 $0.25 
Common stock equivalents— 610 
7,635 31,347 0.24 
Class B Common Share Conversion452 1,822 
Diluted EPS for Class A Common Shares$8,087 $33,169 $0.24 
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 Conversion387 1,822 
Diluted EPS for Class A Common Shares$6,742 $32,367 $0.21 
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, 2022
Undistributed and
distributed earnings
to Class B
Common Shares
Class B
Common
Shares
EPS*
Per basic$697 1,822 0.38 
Reallocation of undistributed earnings from Class A Common Shares to
Class B Common Shares
— 
Diluted EPS for Class B Common Shares
$701 1,822 0.38 
Year Ended April 30, 2021
Undistributed and
distributed earnings
to Class B
Common Shares
Class B
Common
Shares
EPS*
Per basic$452 1,822 0.25 
Reallocation of undistributed earnings from Class A Common Shares to
Class B Common Shares
— 
Diluted EPS for Class B Common Shares
$457 1,822 0.25 
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
— 
Diluted EPS for Class B Common Shares
$392 1,822 0.22 
_______________
*    Amounts adjusted for rounding