Land sale cost of revenues, net consists of (in thousands): | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | January 31, | | January 31, | | | 2026 | | 2025 | | 2026 | | 2025 | Land sale cost of revenues | | $ | 5,249 | | $ | 2,206 | | $ | 8,917 | | $ | 12,097 | Less: | | | | | | | | | | | | | Public improvement district reimbursements | | | (403) | | | — | | | (899) | | | (814) | Private infrastructure covenant reimbursements | | | (109) | | | (57) | | | (334) | | | (430) | Payments for impact fee credits | | | (595) | | | (289) | | | (1,021) | | | (1,758) | Land sale cost of revenues, net | | $ | 4,142 | | $ | 1,860 | | $ | 6,663 | | $ | 9,095 |
|