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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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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, 2025 |  | April 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 payable | 66,127 |  |  | 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,
2025 |  | 2024 |  | 2025 |  | 2024
Sales – used autos | $ | 228,461 |  |  | $ | 200,341 |  |  | $ | 717,552 |  |  | $ | 735,145 |
Wholesales – third party | 9,091 |  |  | 13,479 |  |  | 28,462 |  |  | 39,502 |
Service contract sales | 17,276 |  |  | 17,106 |  |  | 63,896 |  |  | 51,102 |
Accident protection plan revenue | 8,656 |  |  | 9,475 |  |  | 26,596 |  |  | 28,421 |
Total | $ | 263,484 |  |  | $ | 240,401 |  |  | $ | 836,506 |  |  | $ | 854,170 |

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