v3.26.1
Segment Reporting
 12 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting – 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 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 Consolidated Statement of Operations.
Segment reporting for the years ended April 30, 2026, 2025, and 2024 are as follows:
Years Ended April 30,
(Dollars in thousands)2026Change2025Change2024
Compensation and benefits:
Compensation and benefits, excluding share-based compensation expense$120,988 5.0 %$115,173 0.8 %$114,266 
Share-based compensation expense3,727 (20.8)4,708 12.84,174 
Total compensation and benefits$124,715 4.0$119,881 1.2118,440 
Store occupancy costs30,263 43.021,161 9.619,309 
Advertising costs4,691 (7.2)5,057 18.04,284 
Other overhead costs48,415 13.142,822 14.537,388 
Total selling, general and administrative expenses$208,084 10.1$188,921 5.3$179,421