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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2025
Accounting Policies [Abstract]  
Summary of Restricted Cash
Restricted cash consists of the following at April 30, 2025 and 2024:
(In thousands)April 30, 2025April 30, 2024
   
Restricted cash from collections on auto finance receivables for non-recourse notes payable$48,571 $43,956 
Restricted cash on deposit in reserve accounts for non-recourse notes payable66,158 44,969 
   
Restricted Cash$114,729 $88,925 
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
A summary of property and equipment is as follows:
(In thousands)April 30, 2025April 30, 2024
Land$11,998 $11,998 
Buildings and improvements23,575 23,435 
Furniture, fixtures and equipment26,139 21,752 
Leasehold improvements51,466 50,689 
Construction in progress1,028 2,393 
Accumulated depreciation and amortization(57,312)(49,906)
  
Property and equipment, net$56,894 $60,361 
Summary of Sales by Product and Service
Sales consist of the following for the years ended April 30, 2025, 2024 and 2023:
 Years Ended April 30,
(In thousands)202520242023
    
Sales – used autos$987,346 $1,003,640 $1,057,465 
Wholesales – third party40,070 52,463 54,610 
Service contract sales83,753 67,213 57,593 
Accident protection plan revenue35,039 37,482 34,526 
Total$1,146,208 $1,160,798 $1,204,194