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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Net income $ 16,836 $ 49,479
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 165,068 106,341
Losses on claims for accident protection plan 11,232 10,012
Depreciation and amortization 2,460 1,873
Amortization of debt issuance costs 3,386 354
Loss on disposal of property and equipment 251 46
Stock based compensation 2,798 3,949
Deferred income taxes 5,171 4,378
Excess tax benefit from share based compensation 206 910
Change in operating assets and liabilities:    
Finance receivable originations (580,838) (476,580)
Finance receivable collections 206,358 194,546
Accrued interest on finance receivables (456) (1,019)
Inventory 46,226 7,155
Prepaid expenses and other assets (445) (1,789)
Accounts payable and accrued liabilities 5,660 5,034
Income taxes, net (4,321) (162)
Net cash used in operating activities (92,678) (69,951)
Investing Activities:    
Purchase of investments (225) (225)
Purchase of property and equipment (16,452) (6,844)
Proceeds from sale of property and equipment 10 0
Net cash used in investing activities (16,667) (7,069)
Financing Activities:    
Exercise of stock options 1,216 (1,007)
Issuance of common stock 149 149
Purchase of common stock (5,196) (19,963)
Dividend payments (20) (20)
Change in cash overdrafts 0 (719)
Debt issuance costs (90) (1,788)
Payments on non-recourse notes payable (149,184) 0
Proceeds from revolving line of credit 271,177 165,154
Payments on revolving line of credit (14,200) (65,555)
Net cash provided by financing activities 103,852 76,251
Decrease in cash, cash equivalents, and restricted cash (5,493) (769)
Cash, cash equivalents, and restricted cash beginning of period 42,587 2,893
Cash, cash equivalents, and restricted cash end of period 37,094 2,124
Accident Protection Plan [Member]    
Change in operating assets and liabilities:    
Increase (decrease) in deferred revenue 13,328 10,018
Service Contract [Member]    
Change in operating assets and liabilities:    
Increase (decrease) in deferred revenue $ 14,402 $ 15,504