Note L - Correction of An Immaterial Error In Previously Issued Financial Statements (Tables)

6 Months Ended

Oct. 31, 2022

Notes Tables

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	April 30, 2022
(In thousands)	As Previously Reported		Corrections		As Corrected
Finance receivables, net	$	854,290	$	9,384	$	863,674
Deferred income tax liabilities, net		28,233		2,216		30,449
Retained earnings		658,242		7,168		665,410

	Six Months Ended October 31, 2021
(In thousands)	As Previously Reported		Corrections			As Corrected
Sales	$	498,025	$	(6,602	)	$	491,423
Provision for credit losses		115,055		(8,714	)		106,341
Provision for income taxes		13,409		493			13,902
Net income		47,860		1,619			49,479
Net income attributable to common shareholders		47,840		1,619			49,459
Earnings per share:
Basic		7.28		0.25			7.53
Diluted		6.90		0.24			7.14

	Three Months Ended October 31, 2021
(In thousands)	As Previously Reported		Corrections			As Corrected
Sales	$	251,282	$	(3,762	)	$	247,520
Provision for credit losses		60,947		(4,456	)		56,491
Provision for income taxes		6,618		162			6,780
Net income		22,893		532			23,425
Net income attributable to common shareholders		22,883		532			23,415
Earnings per share:
Basic		3.50		0.09			3.59
Diluted		3.33		0.08			3.41

	Three Months Ended July 31, 2022
(In thousands)	As Previously Reported		Corrections			As Corrected
Sales	$	300,540	$	(6,064	)	$	294,476
Provision for credit losses		82,903		(6,662	)		76,241
Provision for income taxes		3,884		143			4,027
Net income		13,242		455			13,697
Net income attributable to common shareholders		13,242		455			13,697
Earnings per share:
Basic		2.08		0.07			2.15
Diluted		2.00		0.07			2.07