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Earnings Per Common Share (Tables)
6 Months Ended
Oct. 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 October 31, 2023Six Months Ended October 31, 2023
Class A
Common
Shares
Class B
Common
Shares
Class A
Common
Shares
Class B
Common
Shares
Distributed earnings$0.11 $0.11 $0.22 $0.22 
Undistributed losses(0.04)(0.04)(0.07)(0.07)
Total from continuing operations$0.02 $0.07 $0.10 $0.15 
Total from discontinued operations$0.05 $— $0.05 $— 
Total$0.07 $0.07 $0.15 $0.15 
Distributed earnings$3,556 $201 $7,114 $401 
Undistributed losses(1,319)(75)(2,276)(128)
Total from continuing operations$495 $126 $2,962 $273 
Total from discontinued operations$1,742 $— $1,876 $— 
Total$2,237 $126 $4,838 $273 
Basic weighted average common shares outstanding32,249 1,822 32,291 1,822 
Three Months Ended October 31, 2022Six Months Ended October 31, 2022
Class A
Common
Shares
Class B
Common
Shares
Class A
Common
Shares
Class B
Common
Shares
Distributed earnings$0.11 $0.11 $0.22 $0.22 
Undistributed losses(0.05)(0.05)(0.10)(0.10)
Total from continuing operations$0.06 $0.06 $0.11 $0.12 
Total from discontinued operations$— $— $0.01 $— 
Total$0.06 $0.06 $0.12 $0.12 
Distributed earnings$3,511 $200 $7,017 $400 
Undistributed losses(1,519)(87)(3,072)(176)
Total from continuing operations$1,803 $113 $3,667 $224 
Total from discontinued operations$189 $— $278 $— 
Total$1,992 $113 $3,945 $224 
Basic weighted average common shares outstanding31,898 1,822 31,866 1,822 
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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 October 31, 2023
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
Class A
Common
Shares
EPS*
Per Basic$2,237 32,249 $0.07 
Common Stock Equivalents— 23 — 
2,237 32,272 0.07 
Class B Common Share Conversion*126 1,822 — 
Diluted EPS for Class A Common Shares$2,363 34,094 $0.07 






Six Months Ended October 31, 2023
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
Class A
Common
Shares
EPS*
Per Basic$4,838 32,291 $0.15 
Common Stock Equivalents— 14 — 
4,838 32,305 0.15 
Class B Common Share Conversion*273 1,822 — 
Diluted EPS for Class A Common Shares$5,111 34,127 $0.15 

Three Months Ended October 31, 2022
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
Class A
Common
Shares
EPS*
Per Basic$1,992 31,898 $0.06 
Common Stock Equivalents— 352 — 
1,992 32,250 0.06 
Class B Common Share Conversion113 1,822 — 
Diluted EPS for Class A Common Shares$2,105 34,072 $0.06 

Six Months Ended October 31, 2022
Undistributed
& Distributed
Earnings
to Class A
Common
Shares
Class A
Common
Shares
EPS*
Per Basic$3,945 31,866 $0.12 
Common Stock Equivalents— 352 — 
3,945 32,218 0.12 
Class B Common Share Conversion*224 1,822 — 
Diluted EPS for Class A Common Shares$4,169 34,040 $0.12 
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 October 31, 2023
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
Class B
Common
Shares
EPS*
Per Basic$126 1,822 $0.07 
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares— — 
Diluted EPS for Class B Common Shares$127 1,822 $0.07 


Six Months Ended October 31, 2023
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
Class B
Common
Shares
EPS*
Per Basic$273 $1,822 $0.15 
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares— — — 
Diluted EPS for Class B Common Shares$273 1,822 $0.15 

Three Months Ended October 31, 2022
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
Class B
Common
Shares
EPS*
Per Basic$113 $1,822 $0.06 
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares— — 
Diluted EPS for Class B Common Shares$114 1,822 $0.06 







Six Months Ended October 31, 2022
Undistributed
& Distributed
Earnings
to Class B
Common
Shares
Class B
Common
Shares
EPS*
Per Basic$224 $1,822 $0.12 
Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares— — 
Diluted EPS for Class B Common Shares$226 $1,822 $0.12 
____________
*Amounts adjusted for rounding