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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Oct. 31, 2025
Accounting Policies [Abstract]  
Summary of Restricted Cash
Restricted cash consisted of the following at October 31, 2025 and April 30, 2025:
(In thousands)October 31, 2025April 30, 2025
Restricted cash from collections on auto finance receivables for non-recourse notes payable$55,013 $48,571 
Restricted cash on deposit in reserve accounts for non-recourse notes payable 68,976 66,158 
Restricted cash for letters of credit4,620 - 
Restricted Cash$128,609 $114,729 
Summary 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
Summary of Sales by Product and Service
Sales for the three and six months ended October 31, 2025 and 2024 consisted of the following:
Three Months Ended October 31,Six Months Ended October 31,
(In thousands)2025202420252024
Sales – used autos$241,409 $237,787 $476,393 $489,092 
Wholesales – third party12,637 9,674 23,432 19,370 
Service contract sales23,592 29,548 45,385 46,620 
Accident protection plan revenue8,675 8,765 17,343 17,940 
Total$286,313 $285,774 $562,553 $573,022