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COST OF REVENUES
3 Months Ended
Jul. 31, 2026
COST OF REVENUES  
COST OF REVENUES

(8)COST OF REVENUES

Land sale cost of revenues, net consists of (in thousands):

  ​ ​ ​

Three Months Ended

July 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Land sale cost of revenues

$

26

$

3,125

Less:

 

Public improvement district reimbursements

 

(374)

(305)

Private infrastructure covenant reimbursements

 

(52)

(101)

Payments for impact fee credits

 

(367)

Land sale cost of revenues, net

$

(400)

$

2,352

Refer to Note 8 to the consolidated financial statements contained in the 2026 Form 10-K for detail about land sale cost of revenues, net.

Home sale cost of revenues for each of the three months ended July 31, 2026 and July 31, 2025 consist of the costs for residential homes that were sold.

Other cost of revenues for each of the three months ended July 31, 2026 and July 31, 2025 consist of the cost of goods sold for landscaping services.