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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Jan. 31, 2025
Accounting Policies [Abstract]  
Schedule of Restricted Cash
Restricted cash consisted of the following at January 31, 2025 and April 30, 2024:
(In thousands)January 31, 2025April 30, 2024
Restricted cash from collections on auto finance receivables for non-recourse notes payable$51,699 $43,956 
Restricted cash on deposit in reserve accounts for non-recourse notes payable66,127 44,969 
Restricted Cash$117,826 $88,925 
Schedule of Property and Equipment, Estimated Useful Lives Depreciation is computed principally using the straight-line method generally over the following estimated useful lives:
Furniture, fixtures and equipment
3 to 7 years
Leasehold improvements
5 to 15 years
Buildings and improvements
18 to 39 years
Schedule of Sales by Product and Service
Sales for the three and nine months ended January 31, 2025 and 2024 consisted of the following:
(In thousands)Three Months Ended
January 31,
Nine Months Ended
January 31,
2025202420252024
Sales – used autos$228,461 $200,341 $717,552 $735,145 
Wholesales – third party9,091 13,479 28,462 39,502 
Service contract sales17,276 17,106 63,896 51,102 
Accident protection plan revenue8,656 9,475 26,596 28,421 
Total$263,484 $240,401 $836,506 $854,170