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COST OF REVENUES

3 Months Ended

Jul. 31, 2024

COST OF REVENUES

COST OF REVENUES

(8)          COST OF REVENUES

Land sale cost of revenues, net consist of (in thousands):

​	​	​	​	​	​	​
​		Three Months Ended
​	​	July 31,
​		2024			2023
Land sale cost of revenues	​	$	7,146	​	$	5,166
Less:	​		​	​	​	​
Public improvement district reimbursements	​		(812)	​	​	(201)
Private infrastructure covenant reimbursements	​		(242)	​	​	(135)
Payments for impact fee credits	​		(1,183)	​	​	(549)
Land sale cost of revenues, net	​	$	4,909	​	$	4,281

​

Refer to Note 8 to the consolidated financial statements contained in the 2024 Form 10-K for detail about land sale cost of revenues.

Home sale cost of revenues include costs for residential homes that were sold.

Other cost of revenues for the three months ended July 31, 2024 and July 31, 2023 consist of the cost of goods sold for landscaping services.

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