v3.25.2
Segment Reporting
 3 Months Ended
Jul. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting
N - Segment Reporting

The Company conducts its operations through a single reportable segment representing the consolidated entity selling and financing used vehicles. Management has determined the Company consists of a single operating and reportable segment. The chief operating decision maker (“CODM”), who is the Chief Executive Officer, manages the Company on a consolidated basis and utilizes sales, provision for credit losses, and net income (loss) as presented on the Condensed Consolidated Statements of Operations as the primary financial measures used in assessing the performance of the Company.
The CODM is provided with the following significant segment expenses within selling, general and administrative expenses on the consolidated statement of operations. Other segment items within consolidated net income (loss) are all separately disclosed on the Condensed Consolidated Statement of Operations.

Three Months Ended July 31,
(Dollars in thousands)2025Change2024
Compensation and benefits:
Compensation and benefits, excluding share-based compensation expense$32,031 12.4 %$28,496 
Share-based compensation expense1,157 (11.7)1,311 
Total compensation and benefits$33,188 11.3$29,807 
Store occupancy costs5,495 13.34,850 
Advertising costs1,344 33.31,008 
Other overhead costs11,381 3.011,046 
Total selling, general and administrative expenses$51,408 10.1$46,711