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Concentration of Risk | 6 Months Ended
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Oct. 31, 2019
Risks and Uncertainties [Abstract] |
Concentration of Risk | Concentration of Risks Financial instruments that potentially subject the Company to concentrations of risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash and cash equivalents with major financial institutions and such balances may, at times, exceed Federal Deposit Insurance Corporation insurance limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk on cash. Credit is extended to customers based on an evaluation of each customer's financial condition and generally collateral is not required. The Company's customers operate in the new home construction and home remodeling markets. The Company maintains an allowance for bad debt based upon management's evaluation and judgment of potential net loss. The allowance is estimated based upon historical experience, the effects of current developments and economic conditions and of each customer’s current and anticipated financial condition. Estimates and assumptions are periodically reviewed and updated. Any resulting adjustments to the allowance are reflected in current operating results. At October 31, 2019, the Company's two largest customers, Customers A and B, represented 25.5% and 19.7% of the Company's gross customer receivables, respectively. At October 31, 2018, Customers A and B represented 26.9% and 22.0% of the Company’s gross customer receivables, respectively. The following table summarizes the percentage of net sales attributable to the Company's two largest customers for the three- and six-months ended October 31, 2019 and 2018:
| Three Months Ended |  | Six months ended
| October 31, |  | October 31,
| 2019 |  | 2018 |  | 2019 |  | 2018
Customer A | 28.7% |  | 28.7% |  | 28.7% |  | 28.9%
Customer B | 15.5% |  | 17.5% |  | 16.6% |  | 18.1%

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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