XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2025
Apr. 30, 2024
Assets:    
Cash and cash equivalents $ 8,532 $ 5,522
Restricted cash 117,826 88,925
Accrued interest on finance receivables 7,056 6,907
Finance receivables, net 1,146,212 1,098,591
Inventory 143,933 107,470
Income tax receivable, net 0 2,958
Prepaid expenses and other assets 38,191 31,276
Right-of-use asset 64,475 61,185
Goodwill 22,822 14,449
Property and equipment, net 58,052 60,361
Total assets 1,607,099 1,477,644
Liabilities:    
Accounts payable 32,747 21,379
Accrued liabilities 35,521 27,828
Income tax payable, net 526 0
Deferred income tax liabilities, net 9,462 17,808
Lease liability 67,667 64,250
Notes payable, net 722,245 553,629
Revolving line of credit, net 73,119 200,819
Total liabilities 1,048,788 1,006,494
Commitments and contingencies (Note K)
Mezzanine equity:    
Mandatorily redeemable preferred stock 400 400
Equity:    
Preferred stock, par value $.01 per share, 1,000,000 shares authorized; none issued or outstanding 0 0
Common stock, par value $.01 per share, 50,000,000 shares authorized; 15,599,303 and 13,727,013 issued at January 31, 2025 and April 30, 2024, respectively, of which 8,256,765 and 6,394,675 were outstanding at January 31, 2025 and April 30, 2024, respectively 156 137
Additional paid-in capital 194,237 113,930
Retained earnings 661,636 654,369
Less: Treasury stock, at cost, 7,342,538 and 7,332,338 shares at January 31, 2025 and April 30, 2024, respectively (298,218) (297,786)
Total stockholders' equity 557,811 470,650
Non-controlling interest 100 100
Total equity 557,911 470,750
Total Liabilities, Mezzanine Equity and Equity 1,607,099 1,477,644
Payment Protection Plan    
Liabilities:    
Deferred accident protection plan and service contract revenue 50,374 51,836
Service Contract    
Liabilities:    
Deferred accident protection plan and service contract revenue $ 57,127 $ 68,945