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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net earnings $ 3,314 $ 4,214 $ 6,261
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,039 1,601 2,170
Stock-based compensation expense 1,000 2,649 1,817
Net gain on investments   331 (1,193)
Deferred income taxes   (1,999) (99)
Changes in operating assets and liabilities:      
Purchases of trading securities   (7,094) (174)
Proceeds from maturities and sales of trading securities   784 210
Accounts receivable, net   (3,209) 4,502
Prepaid expenses and other assets   (173) (2,013)
Accounts payable and other liabilities   (2,420) (2,595)
Deferred revenue   (5,945) (1,174)
Net cash (used in) provided by operating activities   (11,261) 7,712
Cash flows from investing activities:      
Purchases of property and equipment, net of disposals   (2,706) (615)
Purchases of business   (6,500) 0
Net cash (used in) investing activities   (9,206) (615)
Cash flows from financing activities:      
Proceeds from exercise of stock options   1,145 5,714
Dividends paid   (7,406) (7,268)
Net cash (used in) financing activities   (6,261) (1,554)
Net change in cash and cash equivalents   (26,728) 5,543
Cash and cash equivalents at beginning of period   110,690 88,658
Cash and cash equivalents at end of period 94,201 83,962 94,201
Supplemental disclosure of cash flow information:      
Income taxes, net of refunds   $ 2,997 176
Supplemental disclosures of noncash operating, investing and financing activities:      
Accrual of dividends payable $ 3,676   $ 3,676