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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Cash Flows from Operating Activities    
Net earnings $ 11,583 $ 19,057
Adjustments to reconcile net earnings to net cash used by operating activities:    
Depreciation and amortization 4,759 3,125
Provision for credit losses 68 276
Stock based compensation expense 1,441 1,028
Provision for deferred income taxes (2,202) (7,127)
Accrued payment in kind ("PIK") interest 935 0
Amortization of deferred financing costs 218 0
Change in assets and liabilities (net of effect of acquisition):    
Receivables (6,738) 741
Inventories 3,351 1,210
Accounts payable and other accrued expenses 583 691
Deferred revenue 765 277
Other, net 20 286
Net cash provided by operating activities 14,783 19,564
Cash Flows from Investing Activities    
Capital expenditures (2,166) (4,373)
Purchase of business, net of cash acquired (28,735) 0
Net cash used in investing activities (30,901) (4,373)
Cash Flows from Financing Activities    
Dividends paid to non-controlling interest in subsidiaries (261) 0
Proceeds from term loan 15,000 0
Repayments on term loan 1,250 0
Proceeds from short-term borrowings 73,483 148,061
Repayments on short-term borrowings (75,595) (148,549)
Payments on sale-leaseback financing transaction (772) (642)
Proceeds from long-term lease obligations 0 202
Payment of deferred financing costs (1,497) 0
Payments on lease obligations (101) (88)
Purchase of Treasury Stock (1,596) (1,998)
Net cash provided by (used in) financing activities 7,411 (3,014)
Effect of exchange rate changes on cash, net (67) (54)
(Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (8,774) 12,123
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 25,938 13,815
Cash, Cash Equivalents and Restricted Cash at End of Year 17,164 25,938
Cash paid for:    
Interest 3,374 1,799
Income taxes 3,972 6,240
Noncash investing and financing activities:    
Change in debt related to seller note 23,000 0
Assets obtained under new operating leases 1,243 200
Assets obtained under new finance leases $ 6 $ 204