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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Net income $ 18,344 $ 68,618
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 250,719 167,987
Losses on claims for accident protection plan 17,717 14,748
Depreciation and amortization 3,997 2,823
Amortization of debt issuance costs 4,187 559
Loss on disposal of property and equipment 320 88
Stock based compensation 4,154 4,706
Deferred income taxes 6,884 6,390
Excess tax benefit from share based compensation 206 912
Change in operating assets and liabilities:    
Finance receivable originations (841,445) (718,275)
Finance receivable collections 308,671 293,458
Accrued interest on finance receivables (1,323) (853)
Inventory 74,803 18,822
Prepaid expenses and other assets (2,253) (3,006)
Accounts payable and accrued liabilities 6,760 4,031
Income taxes, net (6,632) (488)
Net cash used in operating activities (123,339) (102,671)
Investing Activities:    
Purchase of investments (3,043) (1,318)
Purchase of property and equipment (22,075) (13,881)
Proceeds from sale of property and equipment 84 0
Net cash used in investing activities (25,034) (15,199)
Financing Activities:    
Exercise of stock options 1,216 (984)
Issuance of common stock 222 225
Purchase of common stock (5,196) (26,503)
Dividend payments (30) (30)
Change in cash overdrafts 3,795 (1,801)
Debt issuance costs (2,001) (1,787)
Proceeds from non-recourse notes payable 400,176 0
Payments on non-recourse notes payable (209,327) 0
Proceeds from revolving line of credit 381,825 248,817
Payments on revolving line of credit (399,424) (100,357)
Net cash provided by financing activities 171,256 117,580
Increase (Decrease) in cash, cash equivalents, and restricted cash 22,883 (290)
Cash, cash equivalents, and restricted cash beginning of period 42,587 2,893
Cash, cash equivalents, and restricted cash end of period 65,470 2,603
Accident Protection Plan [Member]    
Change in operating assets and liabilities:    
Increase (decrease) in deferred revenue 13,987 14,775
Service Contract [Member]    
Change in operating assets and liabilities:    
Increase (decrease) in deferred revenue $ 17,565 $ 22,034