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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities:    
Net earnings $ 7,554 $ 9,201
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 2,389 3,170
(Gain) on sale of fixed assets 0 (36)
Stock-based compensation expense 3,944 2,910
Net gain on investments (92) (1,073)
Deferred income taxes (3,377) (167)
Changes in operating assets and liabilities:    
Purchases of trading securities (8,284) (215)
Proceeds from maturities and sales of trading securities 870 831
Accounts receivable, net (10,926) (780)
Prepaid expenses and other assets 189 (653)
Accounts payable and other liabilities (1,486) (91)
Deferred revenue (1,247) 953
Net cash (used in) provided by operating activities (10,466) 14,050
Cash flows from investing activities:    
Purchases of property and equipment, net of disposals (3,655) (801)
Purchase of business (6,500) 0
Net cash (used in) investing activities (10,155) (801)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,654 7,405
Dividends paid (11,117) (10,957)
Net cash (used in) financing activities (9,463) (3,552)
Net change in cash and cash equivalents (30,084) 9,697
Cash and cash equivalents at beginning of period 110,690 88,658
Cash and cash equivalents at end of period 80,606 98,355
Supplemental disclosure of cash flow information:    
Income taxes, net of refunds 5,441 180
Supplemental disclosures of noncash operating, investing and financing activities:    
Accrual of dividends payable $ 3,716 $ 3,689