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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Cash flows from operating activities:    
Net earnings $ 2,748 $ 2,133
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 731 768
Stock-based compensation expense 1,554 1,306
Net gain on investments (755) (61)
Deferred income taxes (657) (926)
Changes in operating assets and liabilities:    
Purchases of trading securities 0 (172)
Proceeds from maturities and sales of trading securities 3,251 105
Accounts receivable, net 3,973 152
Prepaid expenses and other assets 2,053 (448)
Accounts payable and other liabilities (2,403) (720)
Deferred revenue (3,327) (3,655)
Net cash provided by (used in) operating activities 7,168 (1,518)
Cash flows from investing activities:    
Purchases of property and equipment, net of disposals (467) (1,572)
Purchase of business 0 (6,500)
Net cash used in investing activities (467) (8,072)
Cash flows from financing activities:    
Proceeds from exercise of stock options 246 471
Dividends paid (3,756) (3,693)
Net cash used in financing activities (3,510) (3,222)
Net change in cash and cash equivalents 3,191 (12,812)
Cash and cash equivalents at beginning of period 90,696 110,690
Cash and cash equivalents at end of period 93,887 97,878
Supplemental disclosure of cash flow information:    
Income taxes, net of refunds 0 5
Supplemental disclosures of noncash operating, investing and financing activities:    
Accrual of dividends payable $ 3,758 $ 3,705