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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2025
Apr. 30, 2025
ASSETS    
Cash and cash equivalents $ 48,938 $ 39,466
Restricted cash 486 455
Real estate inventory 64,782 66,750
Investment assets, net 15,910 14,880
Other assets 3,168 2,939
Income taxes receivable, net 84 317
Deferred income taxes, net 7,292 8,969
TOTAL ASSETS 140,660 133,776
LIABILITIES:    
Accounts payable and accrued expenses 5,906 3,789
Notes payable 25 26
TOTAL LIABILITIES 5,931 3,815
Commitments and Contingencies (Note 11)
SHAREHOLDERS' EQUITY:    
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 5,305,949 at July 31, 2025 and 5,287,449 at April 30, 2025 531 528
Capital contributed in excess of par value 33,482 33,409
Retained earnings 100,716 96,024
TOTAL SHAREHOLDERS' EQUITY 134,729 129,961
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 140,660 $ 133,776