Subsequent Events |
3 Months Ended |
|---|---|
Jul. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | O – Subsequent Events On August 28, 2025, the Company completed a securitization transaction, which involved the issuance and sale in a private offering of $133.3 million aggregate principal amount of 5.01% Class A Asset Backed Notes (the “Class A Notes”) and $38.6 million aggregate principal amount of 6.08% Class B Asset Back Notes (the “Class B Notes”), with an overall weighted average life adjusted coupon of 5.46%. The Notes were issued by ACM Auto Trust 2025-3, an indirect subsidiary of the Company. The Notes are collateralized by $291.5 million of accounts receivables related to installment sale contracts originated by the Company’s operating subsidiaries, America’s Car Mart, Inc and Texas Car-Mart, Inc. The Class A Notes mature on January 20, 2030, and the Class B Notes mature on July 20, 2032.
|