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Common Stock Repurchase Program | 9 Months Ended
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Jan. 31, 2021
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Common Stock Repurchase Program | 21. Common Stock Repurchase Program In March 2020, our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock. Under the common stock repurchase program, shares may be purchased from time to time in open market transactions, block trades, through plans established under the Securities Exchange Act Rule 10b5-1, or otherwise. The number of shares purchased, and the timing of such purchases will be based on working capital requirements, market and general business conditions, and other factors, including alternative investment opportunities. As part of our comprehensive response to the COVID-19 pandemic, we announced on April 3, 2020, that our board of directors temporarily suspended the share repurchase program given the ongoing economic disruption and uncertainty. Accordingly, we did not purchase any shares of our common stock through the end of our third quarter of fiscal 2021. During the nine-month period ending February 2, 2020, we purchased 55,750 shares of common stock at a cost of $728,000. The 55,750 shares were purchased pursuant to a prior authorization approved by our board of directors on September 5, 2019. On March 2, 2021, our board of directors reinstated the share purchase program. As of January 31, 2021, we had $5.0 million available for repurchases of our common stock.

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- Definition The entire disclosure about the entity's share repurchase program authorized by its board of directors, which may include the amount authorized, the number of shares repurchased, and the cost of the shares repurchased. + References No definition available. + Details
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