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Note H - Income Taxes (Tables)
12 Months Ended
Apr. 30, 2022
Notes Tables  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
  

Years Ended April 30,

 

(In thousands)

 

2022

  

2021

  

2020

 

Provision for income taxes

            

Current

 $18,869  $23,274  $14,288 

Deferred

  8,226   7,028   (1,280)

Total

 $27,095  $30,302  $13,008 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  

Years Ended April 30,

 

(In thousands)

 

2022

  

2021

  

2020

 

Tax provision at statutory rate

 $25,284  $28,233  $13,514 

State taxes, net of federal benefit

  3,612   4,033   1,931 

Tax benefit from option exercises

  (1,356)  (1,401)  (1,498)

Other, net

  (445)  (563)  (939)

Total

 $27,095  $30,302  $13,008 
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
  

Years Ended April 30,

 

(In thousands)

 

2022

  

2021

 

Deferred income tax liabilities related to:

        

Finance receivables

 $35,466  $26,373 

Property and equipment

  1,368   372 

Goodwill

  194   141 

Total

  37,028   26,886 

Deferred income tax assets related to:

        

Accrued liabilities

  2,524   2,140 

Inventory

  316   213 

Share based compensation

  3,561   3,109 

State net operating loss

  168   42 

Deferred revenue

  2,226   1,375 

Total

  8,795   6,879 

Deferred income tax liabilities, net

 $28,233  $20,007