v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash flows from operating activities:    
Net loss $ (4,555) $ (13,716)
Adjustments to reconcile net loss to cash flows from operating activities:    
Depreciation and amortization expense 10,230 10,423
Stock-based compensation 2,038 4,388
Loss on disposal of property and equipment 723 1,929
Deferred income taxes (1,865) (1,010)
Net gains on investment in marketable securities (7,119) (2,203)
Net gains on derivative instruments (6,644) (3,782)
Shares issued to an employee in lieu of cash compensation 44 126
Other noncash 0 (38)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts and other receivables (60,403) (63,696)
Merchandise inventories (67,949) (101,003)
Textbook rental inventories 21,191 17,549
Prepaid expenses and other current assets (2,945) (16,380)
Changes in lease right-of-use assets and liabilities (5,654) 2,192
Other assets 7,136 7,343
Accounts payable and accrued liabilities 73,348 93,039
Other current liabilities (17) 2,147
Deferred revenue (1,103) 1,160
Other long-term liabilities (52) (121)
Net cash flows used in operating activities (43,596) (61,653)
Cash flows from investing activities:    
Purchases of marketable securities and other investments (36,120) (28,012)
Proceeds from sale or maturities of marketable securities and other investments 48,730 41,447
Proceeds from sale of derivative instruments 22,873 416
Payments for settlement of derivative instruments (5,790) (909)
Purchase of property and equipment (3,529) (3,736)
Net cash flows provided by investing activities 26,164 9,206
Cash flows from financing activities:    
Proceeds from borrowings 150,100 163,300
Repayment of borrowing (97,600) (96,400)
Payments of dividends to stockholders (2,526) 0
Distributions to noncontrolling interests (1,878) 0
Shares withheld to cover payroll taxes (204) (1,542)
Net cash provided by financing activities 47,892 65,358
Net increase in cash, cash equivalents and restricted cash 30,460 12,911
Cash, cash equivalents, and restricted cash:    
Beginning of period 158,086 92,273
End of period $ 188,546 $ 105,184