Earnings Per Common Share (Tables)

3 Months Ended

Jul. 31, 2023

Earnings Per Share [Abstract]

Schedule of 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):

Basic earnings per common share:

	Three Months Ended July 31, 2023				Three Months Ended July 31, 2022
	Class A Common Shares		Class B Common Shares		Class A Common Shares		Class B Common Shares
Distributed earnings	$	0.11	$	0.11	$	0.11	$	0.11
Undistributed losses	(0.03)		(0.03)		(0.05)		(0.05)
Total	$	0.08	$	0.08	$	0.06	$	0.06
Distributed earnings	$	3,558	$	200	$	3,505	$	201
Undistributed losses	(956)		(54)		(1,488)		(85)
Total	$	2,602	$	146	$	2,017	$	116
Basic weighted average common shares outstanding	32,333		1,822		31,834		1,822

Schedule of 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

Three Months Ended July 31, 2023

	Undistributed & Distributed Earnings to Class A Common Shares		Class A Common Shares	EPS*
Per Basic	$	2,602	32,333	$	0.08
Common Stock Equivalents	—		5	—
	2,602		32,338	0.08
Class B Common Share Conversion*	146		1,822	—
Diluted EPS for Class A Common Shares	$	2,748	34,160	$	0.08

Three Months Ended July 31, 2022

	Undistributed & Distributed Earnings to Class A Common Shares		Class A Common Shares	EPS*
Per Basic	$	2,017	31,834	$	0.06
Common Stock Equivalents	—		351	—
	2,017		32,185	0.06
Class B Common Share Conversion	116		1,822	—
Diluted EPS for Class A Common Shares	$	2,133	34,007	$	0.06

Schedule of 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

Three Months Ended July 31, 2023

	Undistributed & Distributed Earnings to Class B Common Shares		Class B Common Shares	EPS*
Per Basic	$	146	1,822	$	0.08
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares	—		—	—
Diluted EPS for Class B Common Shares	$	146	1,822	$	0.08

Three Months Ended July 31, 2022

	Undistributed & Distributed Earnings to Class B Common Shares		Class B Common Shares		EPS*
Per Basic	$	116	$	1,822	$	0.06
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares	1		—		—
Diluted EPS for Class B Common Shares	$	117	1,822		$	0.06

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*Amounts adjusted for rounding