Logility Supply Chain Solutions (LGTY) 10-Q 7 Dec 18 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Oct. 31, 2018	Dec. 05, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Trading Symbol	AMSWA
Entity Registrant Name	AMERICAN SOFTWARE INC
Entity Central Index Key	713,425
Current Fiscal Year End Date	--04-30
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Class A Common Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		29,135,044
Class B Common Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,821,587

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2018	May 01, 2018	Apr. 30, 2018	Oct. 31, 2017	Apr. 30, 2017
Current assets:
Cash and cash equivalents	$ 50,933	$ 52,794	$ 52,794	$ 61,242	$ 66,001
Investments	29,816	26,121	26,121
Trade accounts receivable, less allowance for doubtful accounts of $172 at October 31, 2018 and $159 at April 30, 2018:
Billed	17,427	18,643	18,643
Unbilled	3,104	3,815	3,375
Prepaid expenses and other current assets	6,568	6,718	6,592
Total current assets	107,848	108,091	107,525
Investments-noncurrent	1,925	8,893	8,893
Property and equipment, net of accumulated depreciation of $28,963 at October 31, 2018 and $28,644 at April 30, 2018	3,609	3,034	3,034
Capitalized software, net of accumulated amortization of $26,311 at October 31, 2018 and $24,113 at April 30, 2018	9,618	9,728	9,728
Goodwill	25,888	25,888	25,888
Other intangibles, net of accumulated amortization of $9,449 at October 31, 2018 and $8,255 at April 30, 2018	3,926	5,120	5,120
Other assets	3,776	4,102	2,777
Total assets	156,590	164,856	162,965
Current liabilities:
Accounts payable	1,475	1,974	1,974
Accrued compensation and related costs	2,829	6,310	6,310
Dividends payable	3,405	3,367	3,367
Other current liabilities	1,362	1,326	1,246
Deferred revenue	29,395	32,705	33,226
Total current liabilities	38,466	45,682	46,123
Deferred income taxes	2,929	3,194	2,615
Long-term deferred revenue		147	147
Other long-term liabilities	1,107	1,496	1,496
Total liabilities	42,502	50,519	50,381
Shareholders' equity:
Additional paid-in capital	135,150	131,258	131,258
Retained earnings	943	5,119	3,366
Class A treasury stock, 4,588,632 shares at October 31, 2018 and April 30, 2018, at cost	(25,559)	(25,559)	(25,559)
Total shareholders' equity	114,088	114,337	112,584
Commitments and contingencies
Total liabilities and shareholders' equity	156,590	164,856	162,965
Class A Common Shares
Shareholders' equity:
Common stock value	3,372	3,314	3,314
Class B Common Shares
Shareholders' equity:
Common stock value	$ 182	$ 205	$ 205

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2018	Apr. 30, 2018
Allowance for doubtful accounts receivable	$ 172	$ 159
Property and equipment, accumulated depreciation	28,963	28,644
Capitalized software, accumulated amortization	26,311	24,113
Other intangibles, accumulated amortization	$ 9,449	$ 8,255
Class A treasury stock, shares	4,588,632,000	4,588,632,000
Class A treasury stock, shares	4,588,632	4,588,632
Class A Common Shares
Common stock, par value	$ 0.10	$ 0.10
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	33,721,076	33,141,760
Common stock, shares Outstanding	29,132,444	28,553,128
Class B Common Shares
Common stock, par value	$ 0.10	$ 0.10
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	1,821,587	2,057,390
Common stock, shares Outstanding	1,821,587	2,057,390

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		Aug. 22, 2018	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenues:
Revenues			$ 28,033	$ 26,337	$ 55,432	$ 53,222
Cost of revenues:
Cost of revenues			13,366	12,331	27,013	23,992
Gross margin			14,667	14,006	28,419	29,230
Research and development			3,332	2,643	7,007	5,151
Sales and marketing			5,304	4,437	10,484	9,670
General and administrative			4,408	3,616	8,601	7,155
Amortization of acquisition-related intangibles			97	68	194	391
Total operating expenses			13,141	10,764	26,286	22,367
Operating income			1,526	3,242	2,133	6,863
Other (expense)/income:
Interest income			524	354	1,027	717
Other, net			(714)	322	(464)	558
Earnings before income taxes			1,336	3,918	2,696	8,138
Income tax expense			93	1,438	68	2,933
Net earnings			$ 1,243	$ 2,480	$ 2,628	$ 5,205
Earnings per common share:
Basic	[1]		$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted	[1]		0.04	0.08	0.08	0.17
Cash dividends declared per common share		$ 0.11	$ 0.11	$ 0.11	$ 0.22	$ 0.22
Shares used in the calculation of earnings per common share:
Basic			30,926	29,906	30,825	29,788
Diluted			31,477	30,229	31,412	30,110
License
Revenues:
Revenues			$ 2,012	$ 2,449	$ 3,714	$ 6,464
Cost of revenues:
Cost of revenues			1,760	1,651	3,474	2,966
Subscription Fees
Revenues:
Revenues			3,341	2,041	6,509	3,660
Cost of revenues:
Cost of revenues			1,289	903	2,356	1,749
Professional Services and Other
Revenues:
Revenues			11,056	11,008	22,064	21,431
Cost of revenues:
Cost of revenues			8,103	7,488	16,771	14,761
Maintenance
Revenues:
Revenues			11,624	10,839	23,145	21,667
Cost of revenues:
Cost of revenues			$ 2,214	$ 2,288	$ 4,412	$ 4,516
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - $ / shares		3 Months Ended		6 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Diluted	[1]	$ 0.04	$ 0.08	$ 0.08	$ 0.17
Class B Common Shares
Diluted	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.
[2]	Amounts adjusted for rounding

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Cash flows from operating activities:
Net earnings	$ 2,628,000	$ 5,205,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	3,711,000	2,705,000
Stock-based compensation expense	841,000	793,000
Net loss (gain) on investments	312,000	(381,000)
Deferred income taxes	(265,000)	761,000
Changes in operating assets and liabilities:
Purchases of trading securities	(6,456,000)	(14,057,000)
Proceeds from maturities and sales of trading securities	9,417,000	8,452,000
Accounts receivable, net	2,162,000	3,243,000
Prepaid expenses and other assets	242,000	(1,758,000)
Accounts payable and other liabilities	(4,333,000)	(2,734,000)
Deferred revenue	(3,457,000)	(1,709,000)
Net cash provided by operating activities	4,802,000	520,000
Cash flows from investing activities:
Capitalized computer software development costs	(2,088,000)	(2,617,000)
Purchases of property and equipment, net of disposals	(894,000)	(212,000)
Net cash used in investing activities	(2,982,000)	(2,829,000)
Cash flows from financing activities:
Proceeds from exercise of stock options	3,086,000	4,079,000
Dividends paid	(6,767,000)	(6,529,000)
Net cash used in financing activities	(3,681,000)	(2,450,000)
Net change in cash and cash equivalents	(1,861,000)	(4,759,000)
Cash and cash equivalents at beginning of period	52,794,000	66,001,000
Cash and cash equivalents at end of period	$ 50,933,000	$ 61,242,000

Presentation and Summary of Sig

Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Presentation and Summary of Significant Accounting Policies	A. Presentation and Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10-Q 10-01 Regulation S-X. 10-K The preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Note 1 in the Notes to the Consolidated Financial Statements for the fiscal year ended April 30, 2018 contained in the Annual Report describes the significant accounting policies that we have used in preparing our consolidated financial statements. On an ongoing basis, we evaluate our estimates, including but not limited to those related to revenue/collectability, stock-based compensation, income taxes and contingencies. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Our actual results could differ materially from these estimates under different assumptions or conditions. The accompanying condensed consolidated balance sheet as of April 30, 2018 and the condensed consolidated statements of operations for the three and six months and cash flows for the six months ended October 31, 2017 have not been revised for the effects of Topic 606 and are therefore not comparable to the October 31, 2018 period. Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of American Software, Inc. (“American Software”) and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) point-in-time The following table presents the cumulative effect of adjustments, net of income tax effects, to beginning consolidated balance sheet accounts for the new accounting standard adopted by the Company on the first day of fiscal 2019: April 30, Topic 606 May 1, (in thousands) ASSETS Current assets: Cash and cash equivalents $ 52,794 $ — $ 52,794 Investments 26,121 — 26,121 Trade accounts receivable, net Billed 18,643 — 18,643 Unbilled 3,375 440 3,815 Prepaid expenses and other current assets 6,592 126 6,718 Total current assets 107,525 566 108,091 Investments—Noncurrent 8,893 — 8,893 Property and equipment, net 3,034 — 3,034 Capitalized software, net 9,728 — 9,728 Goodwill 25,888 — 25,888 Other intangibles, net 5,120 — 5,120 Other assets 2,777 1,325 4,102 Total assets $ 162,965 $ 1,891 $ 164,856 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,974 $ — $ 1,974 Accrued compensation and related costs 6,310 — 6,310 Dividends payable 3,367 — 3,367 Other current liabilities 1,246 80 1,326 Deferred revenue 33,226 (521 ) 32,705 Total current liabilities 46,123 (441 ) 45,682 Deferred income taxes 2,615 579 3,194 Long-term deferred revenue 147 — 147 Other long-term liabilities 1,496 — 1,496 Total liabilities 50,381 138 50,519 Shareholders’ equity: Common stock: Class A 3,314 — 3,314 Class B 205 — 205 Additional paid-in 131,258 — 131,258 Retained earnings 3,366 1,753 5,119 Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 112,584 1,753 114,337 Total liabilities and shareholders’ equity $ 162,965 $ 1,891 $ 164,856 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of October 31, 2018: As reported Adjustments Balances under (in thousands) ASSETS Current assets: Cash and cash equivalents $ 50,933 $ — $ 50,933 Investments 29,816 — 29,816 Trade accounts receivable, net — Billed 17,427 — 17,427 Unbilled 3,104 (389 ) 2,715 Prepaid expenses and other current assets 6,568 (251 ) 6,317 Total current assets 107,848 (640 ) 107,208 Investments—Noncurrent 1,925 — 1,925 Property and equipment, net 3,609 — 3,609 Capitalized software, net 9,618 — 9,618 Goodwill 25,888 — 25,888 Other intangibles, net 3,926 — 3,926 Other assets 3,776 (1,191 ) 2,585 Total assets $ 156,590 $ (1,831 ) $ 154,759 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,475 $ — $ 1,475 Accrued compensation and related costs 2,829 — 2,829 Dividends payable 3,405 — 3,405 Other current liabilities 1,362 (80 ) 1,282 Deferred revenue 29,395 619 30,014 Total current liabilities 38,466 539 39,005 Deferred income taxes 2,929 (584 ) 2,345 Long-term deferred revenue — — — Other long-term liabilities 1,107 — 1,107 Total liabilities 42,502 (45 ) 42,457 Shareholders’ equity: Common stock: Class A 3,372 — 3,372 Class B 182 — 182 Additional paid-in 135,150 — 135,150 Retained earnings 943 (1,786 ) (843 ) Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 114,088 (1,786 ) 112,302 Commitments and contingencies Total liabilities and shareholders’ equity $ 156,590 $ (1,831 ) $ 154,759 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 2,012 $ 391 $ 2,403 Subscription Fees 3,341 2 3,343 Professional Services and other 11,056 46 11,102 Maintenance 11,624 — 11,624 Total revenues 28,033 439 28,472 Cost of revenues: License 1,760 — 1,760 Subscription Fees 1,289 — 1,289 Professional Services and other 8,103 — 8,103 Maintenance 2,214 — 2,214 Total cost of revenues 13,366 — 13,366 Gross margin 14,667 439 15,106 Research and development 3,332 3,332 Sales and marketing 5,304 63 5,368 General and administrative 4,408 — 4,408 Amortization of acquisition-related intangibles 97 — 97 Total operating expenses 13,141 63 13,204 Operating income 1,526 376 1,902 Other income: Interest income 524 — 524 Other, net (714 ) — (714 ) Earnings before income taxes 1,336 376 1,712 Income tax expense 93 71 164 Net earnings $ 1,243 $ 305 $ 1,548 Earnings per common share: Basic $ 0.04 $ 0.01 $ 0.05 Diluted $ 0.04 $ 0.01 $ 0.05 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 3,714 $ (55 ) $ 3,659 Subscription Fees 6,509 4 6,513 Professional Services and other 22,064 106 22,170 Maintenance 23,145 — 23,145 Total revenues 55,432 55 55,487 Cost of revenues: License 3,474 — 3,474 Subscription Fees 2,356 — 2,356 Professional Services and other 16,771 — 16,771 Maintenance 4,412 — 4,412 Total cost of revenues 27,013 — 27,013 Gross margin 28,419 55 28,474 Research and development 7,007 7,007 Sales and marketing 10,484 93 10,577 General and administrative 8,601 — 8,601 Amortization of acquisition-related intangibles 194 — 194 Total operating expenses 26,286 93 26,379 Operating income 2,133 (38 ) 2,095 Other income: Interest income 1,027 — 1,027 Other, net (464 ) — (464 ) Earnings before income taxes 2,696 (38 ) 2,658 Income tax expense (benefit) 68 (5 ) 63 Net earnings $ 2,628 $ (33 ) $ 2,595 Earnings per common share: Basic $ 0.09 $ — $ 0.09 Diluted $ 0.08 $ — $ 0.08 The Company’s net cash provided by operating activities for the six months ended October 31, 2018 did not change due to the adoption of Topic 606. The following table summarizes the effects of adopting Topic 606 on the financial statement line items of the Company’s condensed consolidated statement of cash flows for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands) Net earnings (loss) $ 2,628 $ (33 ) $ 2,595 Deferred income taxes $ (265 ) $ (5 ) $ (270 ) Changes in operating assets and liabilities: Accounts receivable, net $ 2,162 $ (51 ) $ 2,111 Prepaid expenses and other assets $ 242 $ (9) $ 233 Accounts payable and other liabilities $ (4,333 ) $ — $ (4,333 ) Deferred revenue $ (3,457 ) $ 98 $ (3,359 ) Net cash provided by operating activities $ (3,023 ) $ — $ (3,023 ) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) right-of-use

Revenue Recognition

Revenue Recognition	6 Months Ended
	Oct. 31, 2018
Text Block [Abstract]
Revenue Recognition	B. Revenue Recognition We recognize revenue when we transfer control of the promised goods or services to our customers, in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We derive our revenue from software licenses; maintenance services; consulting, implementation and training services; and software-as-a-service The Company determines revenue recognition through the following steps: Step 1 – Identification of the Contract with the Customer Step 2 – Identification of Promised Goods and Services and Evaluation of Whether the Promised Goods and Services are Distinct Performance Obligations Step 3 – Determination of the Transaction Price Step 4 – Allocation of the Transaction Price to Distinct Performance Obligations Step 5 – Attribution of Revenue for Each Distinct Performance Obligation Nature of Products and Services. Licenses . Our perpetual software licenses are sold with maintenance under which we provide customers with telephone consulting, product updates on a when and if available basis, and releases of new versions of products previously purchased by the customer, as well as error reporting and correction services. Subscription Fees. as-needed Professional Services and other . out-pocket Maintenance . Indirect Channel Revenue. case-by-case Sales Taxes . Significant Judgments. Contract Balances. We have an unconditional right to consideration for all goods and services transferred to our customers. That unconditional right to consideration is reflected in billed and unbilled accounts receivable in the accompanying condensed consolidated balance sheet in accordance with FASB Accounting Standards Codification (“ASC”) Topic 606. Deferred revenue consists of amounts collected prior to having completed the performance of maintenance, SaaS, hosting, and managed services. We typically invoice customers for cloud subscription and support fees in advance on a monthly, quarterly or annual basis, with payment due at the start of the cloud subscription or support term. During the six months ended October 31, 2018, we recognized $13 million of revenue that was included in the deferred revenue balance as of April 30, 2018, as adjusted for Topic 606, at the beginning of the period. October 31, May 1, Contract Balances: Contract assets, current $ 3,104 $ 3,815 Contract assets, long-term 1,394 332 Total contract assets $ 4,498 $ 4,147 Deferred revenue, current $ 29,395 $ 32,705 Deferred revenue, long-term — 147 Total deferred revenue $ 29,395 $ 32,852 Remaining Performance Obligations. Disaggregated Revenue. The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2018 2017 2018 2017 Revenues: Domestic $ 22,502 $ 20,996 $ 44,454 $ 42,542 International 5,531 5,341 10,978 10,680 $ 28,033 $ 26,337 $ 55,432 $ 53,222 Practical Expedients and Exemptions. -The Company does not evaluate a contract for a significant financing component if payment is expected within one year or less from the transfer of the promised items to the customer. -The Company does not disclose the value of unsatisfied performance obligations for contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed (apply to time-and-material Contract costs. a. The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify. b. The costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future. c. The costs are expected to be recovered. Certain sales commissions incurred by the Company were determined to be incremental costs to obtain the related contracts, which are deferred and amortized ratably over the economic benefit period. These deferred commission costs are classified as current or non-current non-current

Declaration of Dividend Payable

Declaration of Dividend Payable	6 Months Ended
	Oct. 31, 2018
Text Block [Abstract]
Declaration of Dividend Payable	C. Declaration of Dividend Payable On August 22, 2018, our Board of Directors declared a quarterly cash dividend of $0.11 per share of our Class A and Class B common stock. The cash dividend is payable on December 5, 2018 to Class A and Class B shareholders of record at the close of business on November 19, 2018.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Oct. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share	D. Earnings Per Common Share We have two classes of common stock: Class A Common Shares and Class B Common Shares. Our Class B Common Shares are convertible into Class A Common Shares at any time, on a one-for-one “two-class” For our basic earnings per share calculation, we use the “two-class” The calculation of diluted earnings per share is similar to the calculation of basic earnings per share, except that the calculation includes the dilutive effect of the assumed exercise of options issuable under our stock incentive plans. For our diluted earnings per share calculation for Class A Common Shares, we use the “if-converted” For our diluted earnings per share calculation for Class B Common Shares, we use the “two-class” The following tables set forth the computation of basic earnings per common share and diluted earnings per common share (in thousands except for per share amounts): Basic earnings per common share: Three Months Ended Six Months Ended Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.07 ) (0.07 ) (0.13 ) (0.13 ) Total $ 0.04 $ 0.04 $ 0.09 $ 0.09 Distributed earnings $ 3,200 $ 205 $ 6,396 $ 409 Undistributed losses (2,033 ) (129 ) (3,927 ) (250 ) Total $ 1,167 $ 76 $ 2,469 $ 159 Basic weighted average common shares outstanding 29,104 1,822 28,959 1,866 Three Months Ended Six Months Ended Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.03 ) (0.03 ) (0.05 ) (0.05 ) Total $ 0.08 $ 0.08 $ 0.17 $ 0.17 Distributed earnings $ 3,064 $ 249 $ 6,078 $ 505 Undistributed losses (768 ) (65 ) (1,269 ) (109 ) Total $ 2,296 $ 184 $ 4,809 $ 396 Basic weighted average common shares outstanding 27,589 2,317 27,448 2,340 Diluted EPS for Class A Common Shares Using the If-Converted Three Months Ended October 31, 2018 Undistributed Class A EPS* Per Basic $ 1,167 29,104 $ 0.04 Common Stock Equivalents — 552 — 1,167 29,656 0.04 Class B Common Share Conversion 76 1,822 — Diluted EPS for Class A Common Shares $ 1,243 31,478 $ 0.04 Six Months Ended October 31, 2018 Undistributed Class A EPS* Per Basic $ 2,469 28,959 $ 0.09 Common Stock Equivalents — 587 — 2,469 29,546 0.08 Class B Common Share Conversion 159 1,866 — Diluted EPS for Class A Common Shares $ 2,628 31,412 $ 0.08 Three Months Ended October 31, 2017 Undistributed Class A EPS* Per Basic $ 2,296 27,589 $ 0.08 Common Stock Equivalents — 323 — 2,296 27,912 0.08 Class B Conversion 184 2,317 — Diluted EPS for Class A Common Shares $ 2,480 30,229 $ 0.08 Six Months Ended October 31, 2017 Undistributed Class A EPS* Per Basic $ 4,809 27,448 $ 0.17 Common Stock Equivalents — 322 — 4,809 27,770 0.17 Class B Conversion 396 2,340 — Diluted EPS for Class A Common Shares $ 5,205 30,110 $ 0.17 Diluted EPS for Class B Common Shares Using the Two-Class Three Months Ended October 31, 2018 Undistributed Class B EPS* Per Basic $ 76 1,822 $ 0.04 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares 2 — — Diluted EPS for Class B Common Shares $ 78 1,822 $ 0.04 Six Months Ended October 31, 2018 Undistributed Class B EPS* Per Basic $ 159 1,866 $ 0.09 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 159 1,866 $ 0.09 Three Months Ended October 31, 2017 Undistributed Class B EPS* Per Basic $ 184 2,317 $ 0.08 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 184 2,317 $ 0.08 Six Months Ended October 31, 2017 Undistributed Class B EPS* Per Basic $ 396 2,340 $ 0.17 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares 1 — — Diluted EPS for Class B Common Shares $ 397 2,340 $ 0.17 * Amounts adjusted for rounding For the three and six months ended October 31, 2018, we excluded options to purchase 12,000 and 6,065 Class A Common Shares, respectively, and for the three and six months ended October 31, 2017, we excluded options to purchase 1,184,124 and 1,105,521 Class A Common Shares, respectively, from the computation of diluted earnings per Class A Common Shares. We excluded these option share amounts because the exercise prices of those options were greater than the average market price of the Class A Common Shares during the applicable period. As of October 31, 2018, we had a total of 4,119,923 options outstanding and as of October 31, 2017, we had a total of 3,440,512 options outstanding.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Oct. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	E. Stock-Based Compensation During the six months ended October 31, 2018 and 2017, we granted options for 1,189,000 and 884,000 shares of Class A common stock, respectively. The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model. The forfeiture rates are estimated using historical data. We recorded stock option compensation cost of approximately $443,000 and $477,000 and income tax excess benefits of approximately $12,000 and shortfall of $47,000 from option exercises during the three months ended October 31, 2018 and 2017, respectively. We recorded stock option compensation cost of approximately $841,000 and $793,000, and income tax excess benefits of approximately $286,000 and $80,000 from option exercises during the six months ended October 31, 2018 and 2017, respectively. We record stock-based compensation expense on a straight-line basis over the vesting period directly to additional paid-in During the six months ended October 31, 2018 and 2017, we issued 343,000 and 482,000 shares of Class A common stock, respectively, resulting from the exercise of stock options. The total intrinsic value of options exercised during the six months ended October 31, 2018 and 2017 based on market value at the exercise dates was approximately $1.9 million and $1.3 million, respectively. As of October 31, 2018, unrecognized compensation cost related to unvested stock option awards approximated $5.4 million, which we expect to recognize over a weighted average period of 2.04 years.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Oct. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	F. Fair Value of Financial Instruments We measure our investments based on a fair value hierarchy disclosure framework that prioritizes and ranks the level of market price observability used in measuring assets and liabilities at fair value. A number of factors affect market price observability, including the type of asset or liability and its characteristics. This hierarchy prioritizes the inputs into three broad levels as follows: • Level 1—Quoted prices for identical instruments in active markets. • Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. • Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The following is a general description of the valuation methodologies we use for financial assets and liabilities measured at fair value, including the general classification of such assets and liabilities pursuant to the valuation hierarchy. Cash Equivalents Marketable Securities The following tables present our assets and liabilities that we measured at fair value on a recurring basis as of October 31, 2018 and April 30, 2018, respectively, and indicates the fair value hierarchy of the valuation techniques we used to determine such fair value (in thousands): October 31, 2018 Quoted Prices Significant Significant Balance Cash equivalents $ 43,193 $ — $ — $ 43,193 Marketable securities 9,676 22,065 — 31,741 Total $ 52,869 $ 22,065 $ — $ 74,934 April 30, 2018 Quoted Prices Significant Significant Balance Cash equivalents $ 46,972 $ — $ — $ 46,972 Marketable securities 11,125 23,889 — 35,014 Total $ 58,097 $ 23,889 $ — $ 81,986

Stock Repurchases

Stock Repurchases	6 Months Ended
	Oct. 31, 2018
Equity [Abstract]
Stock Repurchases	G. Stock Repurchases On August 19, 2002, our Board of Directors authorized the repurchase of up to an additional 2.0 million shares of our Class A common stock. We have made and will make these repurchases through open market purchases at prevailing market prices. The timing of any repurchase will depend upon market conditions, the market price of our Class A common stock and management’s assessment of our liquidity and cash flow needs. Under this repurchase plan, through October 31, 2018, we have repurchased 1,053,679 shares of Class A common stock at a cost of approximately $6.2 million. As of October 31, 2018, under all repurchase plans previously authorized, including this most recent plan, we have repurchased a total of 4,588,632 shares of common stock at a cost of approximately $25.6 million.

Comprehensive Income

Comprehensive Income	6 Months Ended
	Oct. 31, 2018
Equity [Abstract]
Comprehensive Income	H. Comprehensive Income We have not included condensed consolidated statements of comprehensive income in the accompanying unaudited condensed consolidated financial statements since comprehensive income and net earnings presented in the accompanying condensed consolidated statements of operations would be substantially the same.

Industry Segments

Industry Segments	6 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Industry Segments	I. Industry Segments FASB ASC 280, Segment Reporting The SCM segment primarily consists of Logility, which is a leading provider of collaborative supply chain optimization and advanced retail planning solutions that help medium, large and Fortune 500 companies transform their supply chain operations to gain a competitive advantage and which is recognized for its high-touch approach to customer service, rapid implementations and industry-leading return on investment (ROI). The SCM segment also includes (i) Demand Management, Inc (“DMI”), which delivers affordable, easy-to-use e-commerce Previously, we maintained three operating segments: (1) SCM, (2) IT and (3) Enterprise Resource Planning (“ERP”). As a result of the organizational realignment during the third quarter of fiscal 2018, NGC was repositioned out of the ERP segment and into the SCM segment. There were no changes to the IT segment. Certain prior year amounts have been recast to conform to fiscal 2019 presentation. The change in reportable segments had no effect on our previously reported consolidated financial position or results of operations. All of our revenues are derived from external customers. We do not have any intersegment revenue. Our income taxes and dividends are paid at a consolidated level. Consequently, it is not practical to show these items by operating segment. In the following table, we have broken down the intersegment transactions applicable to the three and six months ended October 31, 2018 and 2017 (in thousands): Three Months Ended Six Months Ended 2018 2017 2018 2017 Revenues: Supply Chain Management $ 22,114 $ 21,178 $ 43,572 $ 43,064 IT Consulting 5,222 4,596 10,579 8,965 Other 697 563 1,281 1,193 $ 28,033 $ 26,337 $ 55,432 $ 53,222 Operating income (loss) before intersegment eliminations: Supply Chain Management $ 3,973 $ 4,669 $ 7,040 $ 9,582 IT Consulting 396 357 755 591 Other (2,843 ) (1,784 ) (5,662 ) (3,310 ) $ 1,526 $ 3,242 $ 2,133 $ 6,863 Intersegment eliminations*: Supply Chain Management — — — — IT Consulting — — — — Other — — — — — — — — Operating income (loss) after intersegment eliminations: Supply Chain Management $ 3,973 $ 4,669 $ 7,040 $ 9,582 IT Consulting 396 357 755 591 Other (2,843 ) (1,784 ) (5,662 ) (3,310 ) $ 1,526 $ 3,242 $ 2,133 $ 6,863 Capital expenditures: Supply Chain Management $ 52 $ 57 $ 124 $ 81 IT Consulting — 4 1 6 Other 128 17 769 125 $ 180 $ 78 $ 894 $ 212 Capitalized software: Supply Chain Management $ 1,204 $ 1,330 $ 2,088 $ 2,617 IT Consulting — — — — Other — — — — $ 1,204 $ 1,330 $ 2,088 $ 2,617 Depreciation and amortization: Supply Chain Management $ 1,828 $ 1,273 $ 3,554 $ 2,605 IT Consulting 2 2 4 4 Other 83 46 153 96 $ 1,913 $ 1,321 $ 3,711 $ 2,705 Earnings (loss) before income taxes: Supply Chain Management $ 4,008 $ 4,718 $ 7,058 $ 9,792 IT Consulting 396 357 755 591 Other (3,068 ) (1,157 ) (5,117 ) (2,245 ) $ 1,336 $ 3,918 $ 2,696 $ 8,138 * Fiscal 2018 recast to adjust for corporate overhead and other common expenses, which were no longer allocated starting in fiscal 2019.

Major Customers

Major Customers	6 Months Ended
	Oct. 31, 2018
Text Block [Abstract]
Major Customers	J. Major Customers No one customer accounted for more than 10% of total revenues for the three and six months ended October 31, 2018 and 2017.

Contingencies

Contingencies	6 Months Ended
	Oct. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies	K. Contingencies We more often than not indemnify our customers against damages and costs resulting from claims of patent, copyright or trademark infringement associated with use of our products. Historically, we have not been required to make any payments under such indemnifications. However, we continue to monitor the conditions that are subject to the indemnifications to identify whether it is probable that a loss has occurred, and would recognize any such losses when those losses are estimable. In addition, we warrant to our customers that our products operate substantially in accordance with the software products’ specifications. Historically, we have incurred no costs related to software product warranties and we do not expect to incur such costs in the future, and as such we have made no accruals for software product warranty costs. Additionally, we are involved in various claims arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on our financial position or results of operations.

Subsequent Event

Subsequent Event	6 Months Ended
	Oct. 31, 2018
Subsequent Events [Abstract]
Subsequent Event	L. Subsequent Event On November 15, 2018, our Board of Directors declared a quarterly cash dividend of $0.11 per share of our Class A and Class B common stock. The cash dividend is payable on February 22, 2019 to Class A and Class B shareholders of record at the close of business on February 8, 2019.

Presentation and Summary of S_2

Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10-Q 10-01 Regulation S-X. 10-K The preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Note 1 in the Notes to the Consolidated Financial Statements for the fiscal year ended April 30, 2018 contained in the Annual Report describes the significant accounting policies that we have used in preparing our consolidated financial statements. On an ongoing basis, we evaluate our estimates, including but not limited to those related to revenue/collectability, stock-based compensation, income taxes and contingencies. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Our actual results could differ materially from these estimates under different assumptions or conditions. The accompanying condensed consolidated balance sheet as of April 30, 2018 and the condensed consolidated statements of operations for the three and six months and cash flows for the six months ended October 31, 2017 have not been revised for the effects of Topic 606 and are therefore not comparable to the October 31, 2018 period.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of American Software, Inc. (“American Software”) and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) point-in-time The following table presents the cumulative effect of adjustments, net of income tax effects, to beginning consolidated balance sheet accounts for the new accounting standard adopted by the Company on the first day of fiscal 2019: April 30, Topic 606 May 1, (in thousands) ASSETS Current assets: Cash and cash equivalents $ 52,794 $ — $ 52,794 Investments 26,121 — 26,121 Trade accounts receivable, net Billed 18,643 — 18,643 Unbilled 3,375 440 3,815 Prepaid expenses and other current assets 6,592 126 6,718 Total current assets 107,525 566 108,091 Investments—Noncurrent 8,893 — 8,893 Property and equipment, net 3,034 — 3,034 Capitalized software, net 9,728 — 9,728 Goodwill 25,888 — 25,888 Other intangibles, net 5,120 — 5,120 Other assets 2,777 1,325 4,102 Total assets $ 162,965 $ 1,891 $ 164,856 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,974 $ — $ 1,974 Accrued compensation and related costs 6,310 — 6,310 Dividends payable 3,367 — 3,367 Other current liabilities 1,246 80 1,326 Deferred revenue 33,226 (521 ) 32,705 Total current liabilities 46,123 (441 ) 45,682 Deferred income taxes 2,615 579 3,194 Long-term deferred revenue 147 — 147 Other long-term liabilities 1,496 — 1,496 Total liabilities 50,381 138 50,519 Shareholders’ equity: Common stock: Class A 3,314 — 3,314 Class B 205 — 205 Additional paid-in 131,258 — 131,258 Retained earnings 3,366 1,753 5,119 Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 112,584 1,753 114,337 Total liabilities and shareholders’ equity $ 162,965 $ 1,891 $ 164,856 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of October 31, 2018: As reported Adjustments Balances under (in thousands) ASSETS Current assets: Cash and cash equivalents $ 50,933 $ — $ 50,933 Investments 29,816 — 29,816 Trade accounts receivable, net — Billed 17,427 — 17,427 Unbilled 3,104 (389 ) 2,715 Prepaid expenses and other current assets 6,568 (251 ) 6,317 Total current assets 107,848 (640 ) 107,208 Investments—Noncurrent 1,925 — 1,925 Property and equipment, net 3,609 — 3,609 Capitalized software, net 9,618 — 9,618 Goodwill 25,888 — 25,888 Other intangibles, net 3,926 — 3,926 Other assets 3,776 (1,191 ) 2,585 Total assets $ 156,590 $ (1,831 ) $ 154,759 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,475 $ — $ 1,475 Accrued compensation and related costs 2,829 — 2,829 Dividends payable 3,405 — 3,405 Other current liabilities 1,362 (80 ) 1,282 Deferred revenue 29,395 619 30,014 Total current liabilities 38,466 539 39,005 Deferred income taxes 2,929 (584 ) 2,345 Long-term deferred revenue — — — Other long-term liabilities 1,107 — 1,107 Total liabilities 42,502 (45 ) 42,457 Shareholders’ equity: Common stock: Class A 3,372 — 3,372 Class B 182 — 182 Additional paid-in 135,150 — 135,150 Retained earnings 943 (1,786 ) (843 ) Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 114,088 (1,786 ) 112,302 Commitments and contingencies Total liabilities and shareholders’ equity $ 156,590 $ (1,831 ) $ 154,759 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 2,012 $ 391 $ 2,403 Subscription Fees 3,341 2 3,343 Professional Services and other 11,056 46 11,102 Maintenance 11,624 — 11,624 Total revenues 28,033 439 28,472 Cost of revenues: License 1,760 — 1,760 Subscription Fees 1,289 — 1,289 Professional Services and other 8,103 — 8,103 Maintenance 2,214 — 2,214 Total cost of revenues 13,366 — 13,366 Gross margin 14,667 439 15,106 Research and development 3,332 3,332 Sales and marketing 5,304 63 5,368 General and administrative 4,408 — 4,408 Amortization of acquisition-related intangibles 97 — 97 Total operating expenses 13,141 63 13,204 Operating income 1,526 376 1,902 Other income: Interest income 524 — 524 Other, net (714 ) — (714 ) Earnings before income taxes 1,336 376 1,712 Income tax expense 93 71 164 Net earnings $ 1,243 $ 305 $ 1,548 Earnings per common share: Basic $ 0.04 $ 0.01 $ 0.05 Diluted $ 0.04 $ 0.01 $ 0.05 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 3,714 $ (55 ) $ 3,659 Subscription Fees 6,509 4 6,513 Professional Services and other 22,064 106 22,170 Maintenance 23,145 — 23,145 Total revenues 55,432 55 55,487 Cost of revenues: License 3,474 — 3,474 Subscription Fees 2,356 — 2,356 Professional Services and other 16,771 — 16,771 Maintenance 4,412 — 4,412 Total cost of revenues 27,013 — 27,013 Gross margin 28,419 55 28,474 Research and development 7,007 7,007 Sales and marketing 10,484 93 10,577 General and administrative 8,601 — 8,601 Amortization of acquisition-related intangibles 194 — 194 Total operating expenses 26,286 93 26,379 Operating income 2,133 (38 ) 2,095 Other income: Interest income 1,027 — 1,027 Other, net (464 ) — (464 ) Earnings before income taxes 2,696 (38 ) 2,658 Income tax expense (benefit) 68 (5 ) 63 Net earnings $ 2,628 $ (33 ) $ 2,595 Earnings per common share: Basic $ 0.09 $ — $ 0.09 Diluted $ 0.08 $ — $ 0.08 The Company’s net cash provided by operating activities for the six months ended October 31, 2018 did not change due to the adoption of Topic 606. The following table summarizes the effects of adopting Topic 606 on the financial statement line items of the Company’s condensed consolidated statement of cash flows for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands) Net earnings (loss) $ 2,628 $ (33 ) $ 2,595 Deferred income taxes $ (265 ) $ (5 ) $ (270 ) Changes in operating assets and liabilities: Accounts receivable, net $ 2,162 $ (51 ) $ 2,111 Prepaid expenses and other assets $ 242 $ (9) $ 233 Accounts payable and other liabilities $ (4,333 ) $ — $ (4,333 ) Deferred revenue $ (3,457 ) $ 98 $ (3,359 ) Net cash provided by operating activities $ (3,023 ) $ — $ (3,023 ) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) right-of-use
Revenue Recognition	We recognize revenue when we transfer control of the promised goods or services to our customers, in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We derive our revenue from software licenses; maintenance services; consulting, implementation and training services; and software-as-a-service The Company determines revenue recognition through the following steps: Step 1 – Identification of the Contract with the Customer Step 2 – Identification of Promised Goods and Services and Evaluation of Whether the Promised Goods and Services are Distinct Performance Obligations Step 3 – Determination of the Transaction Price Step 4 – Allocation of the Transaction Price to Distinct Performance Obligations Step 5 – Attribution of Revenue for Each Distinct Performance Obligation Nature of Products and Services. Licenses . Our perpetual software licenses are sold with maintenance under which we provide customers with telephone consulting, product updates on a when and if available basis, and releases of new versions of products previously purchased by the customer, as well as error reporting and correction services. Subscription Fees. as-needed Professional Services and other . out-pocket Maintenance . Indirect Channel Revenue. case-by-case Sales Taxes . Significant Judgments. Contract Balances. We have an unconditional right to consideration for all goods and services transferred to our customers. That unconditional right to consideration is reflected in billed and unbilled accounts receivable in the accompanying condensed consolidated balance sheet in accordance with FASB Accounting Standards Codification (“ASC”) Topic 606. Deferred revenue consists of amounts collected prior to having completed the performance of maintenance, SaaS, hosting, and managed services. We typically invoice customers for cloud subscription and support fees in advance on a monthly, quarterly or annual basis, with payment due at the start of the cloud subscription or support term. During the six months ended October 31, 2018, we recognized $13 million of revenue that was included in the deferred revenue balance as of April 30, 2018, as adjusted for Topic 606, at the beginning of the period. October 31, May 1, Contract Balances: Contract assets, current $ 3,104 $ 3,815 Contract assets, long-term 1,394 332 Total contract assets $ 4,498 $ 4,147 Deferred revenue, current $ 29,395 $ 32,705 Deferred revenue, long-term — 147 Total deferred revenue $ 29,395 $ 32,852 Remaining Performance Obligations. Disaggregated Revenue. The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2018 2017 2018 2017 Revenues: Domestic $ 22,502 $ 20,996 $ 44,454 $ 42,542 International 5,531 5,341 10,978 10,680 $ 28,033 $ 26,337 $ 55,432 $ 53,222 Practical Expedients and Exemptions. -The Company does not evaluate a contract for a significant financing component if payment is expected within one year or less from the transfer of the promised items to the customer. -The Company does not disclose the value of unsatisfied performance obligations for contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed (apply to time-and-material Contract costs. a. The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify. b. The costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future. c. The costs are expected to be recovered. Certain sales commissions incurred by the Company were determined to be incremental costs to obtain the related contracts, which are deferred and amortized ratably over the economic benefit period. These deferred commission costs are classified as current or non-current non-current
Earnings Per Common Share	We have two classes of common stock: Class A Common Shares and Class B Common Shares. Our Class B Common Shares are convertible into Class A Common Shares at any time, on a one-for-one “two-class” For our basic earnings per share calculation, we use the “two-class” The calculation of diluted earnings per share is similar to the calculation of basic earnings per share, except that the calculation includes the dilutive effect of the assumed exercise of options issuable under our stock incentive plans. For our diluted earnings per share calculation for Class A Common Shares, we use the “if-converted” For our diluted earnings per share calculation for Class B Common Shares, we use the “two-class”

Presentation and Summary of S_3

Presentation and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Effect of Adopting Topic 606 on Financial Statements	The following table presents the cumulative effect of adjustments, net of income tax effects, to beginning consolidated balance sheet accounts for the new accounting standard adopted by the Company on the first day of fiscal 2019: April 30, Topic 606 May 1, (in thousands) ASSETS Current assets: Cash and cash equivalents $ 52,794 $ — $ 52,794 Investments 26,121 — 26,121 Trade accounts receivable, net Billed 18,643 — 18,643 Unbilled 3,375 440 3,815 Prepaid expenses and other current assets 6,592 126 6,718 Total current assets 107,525 566 108,091 Investments—Noncurrent 8,893 — 8,893 Property and equipment, net 3,034 — 3,034 Capitalized software, net 9,728 — 9,728 Goodwill 25,888 — 25,888 Other intangibles, net 5,120 — 5,120 Other assets 2,777 1,325 4,102 Total assets $ 162,965 $ 1,891 $ 164,856 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,974 $ — $ 1,974 Accrued compensation and related costs 6,310 — 6,310 Dividends payable 3,367 — 3,367 Other current liabilities 1,246 80 1,326 Deferred revenue 33,226 (521 ) 32,705 Total current liabilities 46,123 (441 ) 45,682 Deferred income taxes 2,615 579 3,194 Long-term deferred revenue 147 — 147 Other long-term liabilities 1,496 — 1,496 Total liabilities 50,381 138 50,519 Shareholders’ equity: Common stock: Class A 3,314 — 3,314 Class B 205 — 205 Additional paid-in 131,258 — 131,258 Retained earnings 3,366 1,753 5,119 Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 112,584 1,753 114,337 Total liabilities and shareholders’ equity $ 162,965 $ 1,891 $ 164,856 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of October 31, 2018: As reported Adjustments Balances under (in thousands) ASSETS Current assets: Cash and cash equivalents $ 50,933 $ — $ 50,933 Investments 29,816 — 29,816 Trade accounts receivable, net — Billed 17,427 — 17,427 Unbilled 3,104 (389 ) 2,715 Prepaid expenses and other current assets 6,568 (251 ) 6,317 Total current assets 107,848 (640 ) 107,208 Investments—Noncurrent 1,925 — 1,925 Property and equipment, net 3,609 — 3,609 Capitalized software, net 9,618 — 9,618 Goodwill 25,888 — 25,888 Other intangibles, net 3,926 — 3,926 Other assets 3,776 (1,191 ) 2,585 Total assets $ 156,590 $ (1,831 ) $ 154,759 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,475 $ — $ 1,475 Accrued compensation and related costs 2,829 — 2,829 Dividends payable 3,405 — 3,405 Other current liabilities 1,362 (80 ) 1,282 Deferred revenue 29,395 619 30,014 Total current liabilities 38,466 539 39,005 Deferred income taxes 2,929 (584 ) 2,345 Long-term deferred revenue — — — Other long-term liabilities 1,107 — 1,107 Total liabilities 42,502 (45 ) 42,457 Shareholders’ equity: Common stock: Class A 3,372 — 3,372 Class B 182 — 182 Additional paid-in 135,150 — 135,150 Retained earnings 943 (1,786 ) (843 ) Class A treasury stock (25,559 ) — (25,559 ) Total shareholders’ equity 114,088 (1,786 ) 112,302 Commitments and contingencies Total liabilities and shareholders’ equity $ 156,590 $ (1,831 ) $ 154,759 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 2,012 $ 391 $ 2,403 Subscription Fees 3,341 2 3,343 Professional Services and other 11,056 46 11,102 Maintenance 11,624 — 11,624 Total revenues 28,033 439 28,472 Cost of revenues: License 1,760 — 1,760 Subscription Fees 1,289 — 1,289 Professional Services and other 8,103 — 8,103 Maintenance 2,214 — 2,214 Total cost of revenues 13,366 — 13,366 Gross margin 14,667 439 15,106 Research and development 3,332 3,332 Sales and marketing 5,304 63 5,368 General and administrative 4,408 — 4,408 Amortization of acquisition-related intangibles 97 — 97 Total operating expenses 13,141 63 13,204 Operating income 1,526 376 1,902 Other income: Interest income 524 — 524 Other, net (714 ) — (714 ) Earnings before income taxes 1,336 376 1,712 Income tax expense 93 71 164 Net earnings $ 1,243 $ 305 $ 1,548 Earnings per common share: Basic $ 0.04 $ 0.01 $ 0.05 Diluted $ 0.04 $ 0.01 $ 0.05 The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands, except Revenues: License $ 3,714 $ (55 ) $ 3,659 Subscription Fees 6,509 4 6,513 Professional Services and other 22,064 106 22,170 Maintenance 23,145 — 23,145 Total revenues 55,432 55 55,487 Cost of revenues: License 3,474 — 3,474 Subscription Fees 2,356 — 2,356 Professional Services and other 16,771 — 16,771 Maintenance 4,412 — 4,412 Total cost of revenues 27,013 — 27,013 Gross margin 28,419 55 28,474 Research and development 7,007 7,007 Sales and marketing 10,484 93 10,577 General and administrative 8,601 — 8,601 Amortization of acquisition-related intangibles 194 — 194 Total operating expenses 26,286 93 26,379 Operating income 2,133 (38 ) 2,095 Other income: Interest income 1,027 — 1,027 Other, net (464 ) — (464 ) Earnings before income taxes 2,696 (38 ) 2,658 Income tax expense (benefit) 68 (5 ) 63 Net earnings $ 2,628 $ (33 ) $ 2,595 Earnings per common share: Basic $ 0.09 $ — $ 0.09 Diluted $ 0.08 $ — $ 0.08 The Company’s net cash provided by operating activities for the six months ended October 31, 2018 did not change due to the adoption of Topic 606. The following table summarizes the effects of adopting Topic 606 on the financial statement line items of the Company’s condensed consolidated statement of cash flows for the six months ended October 31, 2018: As reported Adjustments Balances under (in thousands) Net earnings (loss) $ 2,628 $ (33 ) $ 2,595 Deferred income taxes $ (265 ) $ (5 ) $ (270 ) Changes in operating assets and liabilities: Accounts receivable, net $ 2,162 $ (51 ) $ 2,111 Prepaid expenses and other assets $ 242 $ (9) $ 233 Accounts payable and other liabilities $ (4,333 ) $ — $ (4,333 ) Deferred revenue $ (3,457 ) $ 98 $ (3,359 ) Net cash provided by operating activities $ (3,023 ) $ — $ (3,023 )

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Oct. 31, 2018
Text Block [Abstract]
Summary of Contract Balances	October 31, May 1, Contract Balances: Contract assets, current $ 3,104 $ 3,815 Contract assets, long-term 1,394 332 Total contract assets $ 4,498 $ 4,147 Deferred revenue, current $ 29,395 $ 32,705 Deferred revenue, long-term — 147 Total deferred revenue $ 29,395 $ 32,852
Schedule of Disaggregated Revenue	The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2018 2017 2018 2017 Revenues: Domestic $ 22,502 $ 20,996 $ 44,454 $ 42,542 International 5,531 5,341 10,978 10,680 $ 28,033 $ 26,337 $ 55,432 $ 53,222

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Oct. 31, 2018
Earnings Per Share [Abstract]
Basic Earnings Per Common Share	Basic earnings per common share: Three Months Ended Six Months Ended Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.07 ) (0.07 ) (0.13 ) (0.13 ) Total $ 0.04 $ 0.04 $ 0.09 $ 0.09 Distributed earnings $ 3,200 $ 205 $ 6,396 $ 409 Undistributed losses (2,033 ) (129 ) (3,927 ) (250 ) Total $ 1,167 $ 76 $ 2,469 $ 159 Basic weighted average common shares outstanding 29,104 1,822 28,959 1,866 Three Months Ended Six Months Ended Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.03 ) (0.03 ) (0.05 ) (0.05 ) Total $ 0.08 $ 0.08 $ 0.17 $ 0.17 Distributed earnings $ 3,064 $ 249 $ 6,078 $ 505 Undistributed losses (768 ) (65 ) (1,269 ) (109 ) Total $ 2,296 $ 184 $ 4,809 $ 396 Basic weighted average common shares outstanding 27,589 2,317 27,448 2,340
Diluted Earnings Per Share for Class A Common Shares Using If-Converted Method	Diluted EPS for Class A Common Shares Using the If-Converted Three Months Ended October 31, 2018 Undistributed Class A EPS* Per Basic $ 1,167 29,104 $ 0.04 Common Stock Equivalents — 552 — 1,167 29,656 0.04 Class B Common Share Conversion 76 1,822 — Diluted EPS for Class A Common Shares $ 1,243 31,478 $ 0.04 Six Months Ended October 31, 2018 Undistributed Class A EPS* Per Basic $ 2,469 28,959 $ 0.09 Common Stock Equivalents — 587 — 2,469 29,546 0.08 Class B Common Share Conversion 159 1,866 — Diluted EPS for Class A Common Shares $ 2,628 31,412 $ 0.08 Three Months Ended October 31, 2017 Undistributed Class A EPS* Per Basic $ 2,296 27,589 $ 0.08 Common Stock Equivalents — 323 — 2,296 27,912 0.08 Class B Conversion 184 2,317 — Diluted EPS for Class A Common Shares $ 2,480 30,229 $ 0.08 Six Months Ended October 31, 2017 Undistributed Class A EPS* Per Basic $ 4,809 27,448 $ 0.17 Common Stock Equivalents — 322 — 4,809 27,770 0.17 Class B Conversion 396 2,340 — Diluted EPS for Class A Common Shares $ 5,205 30,110 $ 0.17
Diluted Earnings Per Share for Class B Common Shares Using Two-Class Method	Diluted EPS for Class B Common Shares Using the Two-Class Three Months Ended October 31, 2018 Undistributed Class B EPS* Per Basic $ 76 1,822 $ 0.04 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares 2 — — Diluted EPS for Class B Common Shares $ 78 1,822 $ 0.04 Six Months Ended October 31, 2018 Undistributed Class B EPS* Per Basic $ 159 1,866 $ 0.09 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 159 1,866 $ 0.09 Three Months Ended October 31, 2017 Undistributed Class B EPS* Per Basic $ 184 2,317 $ 0.08 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 184 2,317 $ 0.08 Six Months Ended October 31, 2017 Undistributed Class B EPS* Per Basic $ 396 2,340 $ 0.17 Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares 1 — — Diluted EPS for Class B Common Shares $ 397 2,340 $ 0.17 * Amounts adjusted for rounding

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Oct. 31, 2018
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present our assets and liabilities that we measured at fair value on a recurring basis as of October 31, 2018 and April 30, 2018, respectively, and indicates the fair value hierarchy of the valuation techniques we used to determine such fair value (in thousands): October 31, 2018 Quoted Prices Significant Significant Balance Cash equivalents $ 43,193 $ — $ — $ 43,193 Marketable securities 9,676 22,065 — 31,741 Total $ 52,869 $ 22,065 $ — $ 74,934 April 30, 2018 Quoted Prices Significant Significant Balance Cash equivalents $ 46,972 $ — $ — $ 46,972 Marketable securities 11,125 23,889 — 35,014 Total $ 58,097 $ 23,889 $ — $ 81,986

Industry Segments (Tables)

Industry Segments (Tables)	6 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Segment Operating Profit or Loss	In the following table, we have broken down the intersegment transactions applicable to the three and six months ended October 31, 2018 and 2017 (in thousands): Three Months Ended Six Months Ended 2018 2017 2018 2017 Revenues: Supply Chain Management $ 22,114 $ 21,178 $ 43,572 $ 43,064 IT Consulting 5,222 4,596 10,579 8,965 Other 697 563 1,281 1,193 $ 28,033 $ 26,337 $ 55,432 $ 53,222 Operating income (loss) before intersegment eliminations: Supply Chain Management $ 3,973 $ 4,669 $ 7,040 $ 9,582 IT Consulting 396 357 755 591 Other (2,843 ) (1,784 ) (5,662 ) (3,310 ) $ 1,526 $ 3,242 $ 2,133 $ 6,863 Intersegment eliminations*: Supply Chain Management — — — — IT Consulting — — — — Other — — — — — — — — Operating income (loss) after intersegment eliminations: Supply Chain Management $ 3,973 $ 4,669 $ 7,040 $ 9,582 IT Consulting 396 357 755 591 Other (2,843 ) (1,784 ) (5,662 ) (3,310 ) $ 1,526 $ 3,242 $ 2,133 $ 6,863 Capital expenditures: Supply Chain Management $ 52 $ 57 $ 124 $ 81 IT Consulting — 4 1 6 Other 128 17 769 125 $ 180 $ 78 $ 894 $ 212 Capitalized software: Supply Chain Management $ 1,204 $ 1,330 $ 2,088 $ 2,617 IT Consulting — — — — Other — — — — $ 1,204 $ 1,330 $ 2,088 $ 2,617 Depreciation and amortization: Supply Chain Management $ 1,828 $ 1,273 $ 3,554 $ 2,605 IT Consulting 2 2 4 4 Other 83 46 153 96 $ 1,913 $ 1,321 $ 3,711 $ 2,705 Earnings (loss) before income taxes: Supply Chain Management $ 4,008 $ 4,718 $ 7,058 $ 9,792 IT Consulting 396 357 755 591 Other (3,068 ) (1,157 ) (5,117 ) (2,245 ) $ 1,336 $ 3,918 $ 2,696 $ 8,138 * Fiscal 2018 recast to adjust for corporate overhead and other common expenses, which were no longer allocated starting in fiscal 2019.

Presentation and Summary of S_4

Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Apr. 30, 2019	Apr. 30, 2018
Accounting Policies [Line Items]
Total revenues	$ 28,033	$ 26,337	$ 55,432	$ 53,222
Sales commission capitalized	2,300		2,300			$ 2,500
Difference between Revenue Guidance in Effect before and after Topic 606 | Accounting Standards Update 2014-09
Accounting Policies [Line Items]
Total revenues	439		55
Sales commission capitalized	$ 1,100		$ 1,100
Sales commission capitalized, economic benefit period			6 years
Difference between Revenue Guidance in Effect before and after Topic 606 | Accounting Standards Update 2014-09 | Scenario, Forecast
Accounting Policies [Line Items]
Total revenues					$ 1,200
Upfront recognition of revenue under new standard					70.00%

Presentation and Summary of S_5

Presentation and Summary of Significant Accounting Policies - Summary of Effect of Adopting Topic 606 on Condensed Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Oct. 31, 2018	May 01, 2018	Apr. 30, 2018	Oct. 31, 2017	Apr. 30, 2017
Current assets:
Cash and cash equivalents	$ 50,933	$ 52,794	$ 52,794	$ 61,242	$ 66,001
Investments	29,816	26,121	26,121
Trade accounts receivable, net
Billed	17,427	18,643	18,643
Unbilled	3,104	3,815	3,375
Prepaid expenses and other current assets	6,568	6,718	6,592
Total current assets	107,848	108,091	107,525
Investments-noncurrent	1,925	8,893	8,893
Property and equipment, net	3,609	3,034	3,034
Capitalized software, net	9,618	9,728	9,728
Goodwill	25,888	25,888	25,888
Other intangibles, net	3,926	5,120	5,120
Other assets	3,776	4,102	2,777
Total assets	156,590	164,856	162,965
Current liabilities:
Accounts payable	1,475	1,974	1,974
Accrued compensation and related costs	2,829	6,310	6,310
Dividends payable	3,405	3,367	3,367
Other current liabilities	1,362	1,326	1,246
Deferred revenue	29,395	32,705	33,226
Total current liabilities	38,466	45,682	46,123
Deferred income taxes	2,929	3,194	2,615
Long-term deferred revenue		147	147
Other long-term liabilities	1,107	1,496	1,496
Total liabilities	42,502	50,519	50,381
Shareholders' equity:
Additional paid-incapital	135,150	131,258	131,258
Retained earnings	943	5,119	3,366
Class A treasury stock	(25,559)	(25,559)	(25,559)
Total shareholders' equity	114,088	114,337	112,584
Commitments and contingencies
Total liabilities and shareholders' equity	156,590	164,856	162,965
Balances under Prior GAAP
Current assets:
Cash and cash equivalents	50,933
Investments	29,816
Trade accounts receivable, net
Billed	17,427
Unbilled	2,715
Prepaid expenses and other current assets	6,317
Total current assets	107,208
Investments-noncurrent	1,925
Property and equipment, net	3,609
Capitalized software, net	9,618
Goodwill	25,888
Other intangibles, net	3,926
Other assets	2,585
Total assets	154,759
Current liabilities:
Accounts payable	1,475
Accrued compensation and related costs	2,829
Dividends payable	3,405
Other current liabilities	1,282
Deferred revenue	30,014
Total current liabilities	39,005
Deferred income taxes	2,345
Other long-term liabilities	1,107
Total liabilities	42,457
Shareholders' equity:
Additional paid-incapital	135,150
Retained earnings	(843)
Class A treasury stock	(25,559)
Total shareholders' equity	112,302
Commitments and contingencies
Total liabilities and shareholders' equity	154,759
Class A Common Shares
Shareholders' equity:
Common stock value	3,372	3,314	3,314
Class A Common Shares | Balances under Prior GAAP
Shareholders' equity:
Common stock value	3,372
Class B Common Shares
Shareholders' equity:
Common stock value	182	$ 205	205
Class B Common Shares | Balances under Prior GAAP
Shareholders' equity:
Common stock value	182
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Trade accounts receivable, net
Unbilled	(389)		440
Prepaid expenses and other current assets	(251)		126
Total current assets	(640)		566
Other assets	(1,191)		1,325
Total assets	(1,831)		1,891
Current liabilities:
Other current liabilities	(80)		80
Deferred revenue	619		(521)
Total current liabilities	539		(441)
Deferred income taxes	(584)		579
Total liabilities	(45)		138
Shareholders' equity:
Retained earnings	(1,786)		1,753
Total shareholders' equity	(1,786)		1,753
Commitments and contingencies
Total liabilities and shareholders' equity	$ (1,831)		$ 1,891

Presentation and Summary of S_6

Presentation and Summary of Significant Accounting Policies - Summary of Effect of Adopting Topic 606 on Condensed Consolidated Statement of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenues
Revenues		$ 28,033	$ 26,337	$ 55,432	$ 53,222
Cost of revenues:
Cost of revenues		13,366	12,331	27,013	23,992
Gross margin		14,667	14,006	28,419	29,230
Research and development		3,332	2,643	7,007	5,151
Sales and marketing		5,304	4,437	10,484	9,670
General and administrative		4,408	3,616	8,601	7,155
Amortization of acquisition-related intangibles		97	68	194	391
Total operating expenses		13,141	10,764	26,286	22,367
Operating income		1,526	3,242	2,133	6,863
Other income:
Interest income		524	354	1,027	717
Other, net		(714)	322	(464)	558
Earnings before income taxes		1,336	3,918	2,696	8,138
Income tax expense (benefit)		93	1,438	68	2,933
Net earnings		$ 1,243	$ 2,480	$ 2,628	$ 5,205
Earnings per common share:
Basic	[1]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted	[1]	$ 0.04	$ 0.08	$ 0.08	$ 0.17
Balances under Prior GAAP
Revenues
Revenues		$ 28,472		$ 55,487
Cost of revenues:
Cost of revenues		13,366		27,013
Gross margin		15,106		28,474
Research and development		3,332		7,007
Sales and marketing		5,368		10,577
General and administrative		4,408		8,601
Amortization of acquisition-related intangibles		97		194
Total operating expenses		13,204		26,379
Operating income		1,902		2,095
Other income:
Interest income		524		1,027
Other, net		(714)		(464)
Earnings before income taxes		1,712		2,658
Income tax expense (benefit)		164		63
Net earnings		$ 1,548		$ 2,595
Earnings per common share:
Basic		$ 0.05		$ 0.09
Diluted		$ 0.05		$ 0.08
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenues
Revenues		$ 439		$ 55
Cost of revenues:
Gross margin		439		55
Sales and marketing		63		93
Total operating expenses		63		93
Operating income		376		(38)
Other income:
Earnings before income taxes		376		(38)
Income tax expense (benefit)		71		(5)
Net earnings		$ 305		(33)
Earnings per common share:
Basic		$ 0.01
Diluted		$ 0.01
License
Revenues
Revenues		$ 2,012	$ 2,449	3,714	$ 6,464
Cost of revenues:
Cost of revenues		1,760	1,651	3,474	2,966
License | Balances under Prior GAAP
Revenues
Revenues		2,403		3,659
Cost of revenues:
Cost of revenues		1,760		3,474
License | Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenues
Revenues		391		(55)
Subscription Fees
Revenues
Revenues		3,341	2,041	6,509	3,660
Cost of revenues:
Cost of revenues		1,289	903	2,356	1,749
Subscription Fees | Balances under Prior GAAP
Revenues
Revenues		3,343		6,513
Cost of revenues:
Cost of revenues		1,289		2,356
Subscription Fees | Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenues
Revenues		2		4
Professional Services and Other
Revenues
Revenues		11,056	11,008	22,064	21,431
Cost of revenues:
Cost of revenues		8,103	7,488	16,771	14,761
Professional Services and Other | Balances under Prior GAAP
Revenues
Revenues		11,102		22,170
Cost of revenues:
Cost of revenues		8,103		16,771
Professional Services and Other | Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenues
Revenues		46		106
Maintenance
Revenues
Revenues		11,624	10,839	23,145	21,667
Cost of revenues:
Cost of revenues		2,214	$ 2,288	4,412	$ 4,516
Maintenance | Balances under Prior GAAP
Revenues
Revenues		11,624		23,145
Cost of revenues:
Cost of revenues		$ 2,214		$ 4,412
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.

Presentation and Summary of S_7

Presentation and Summary of Significant Accounting Policies - Summary of Effect of Adopting Topic 606 on Condensed Consolidated Statement of Cash Flows (Detail) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net earnings (loss)	$ 2,628	$ 5,205
Deferred income taxes	(265)	761
Changes in operating assets and liabilities:
Accounts receivable, net	2,162	3,243
Prepaid expenses and other assets	242	(1,758)
Accounts payable and other liabilities	(4,333)	(2,734)
Deferred revenue	(3,457)	$ (1,709)
Net cash provided by operating activities	(3,023)
Balances under Prior GAAP
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net earnings (loss)	2,595
Deferred income taxes	(270)
Changes in operating assets and liabilities:
Accounts receivable, net	2,111
Prepaid expenses and other assets	233
Accounts payable and other liabilities	(4,333)
Deferred revenue	(3,359)
Net cash provided by operating activities	(3,023)
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net earnings (loss)	(33)
Deferred income taxes	(5)
Changes in operating assets and liabilities:
Accounts receivable, net	(51)
Prepaid expenses and other assets	(9)
Deferred revenue	$ 98

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Apr. 30, 2018
Revenue Recognition [Line Items]
Amounts received for reimbursement of travel and other out-of-pocket expenses	$ 28,033,000	$ 26,337,000	$ 55,432,000	$ 53,222,000
Deferred revenue recognized			13,000,000
Transaction price allocated to remaining performance obligations	$ 54,000,000		$ 54,000,000
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months		12 months
Total deferred commissions	$ 2,300,000		$ 2,300,000		$ 2,500,000
Amortization of sales commissions	400,000		$ 600,000
Minimum
Revenue Recognition [Line Items]
Contractual period of maintenance contract			1 year
Maximum
Revenue Recognition [Line Items]
Contractual period of maintenance contract			3 years
Reimbursement
Revenue Recognition [Line Items]
Amounts received for reimbursement of travel and other out-of-pocket expenses	$ 388,000	$ 421,000	$ 719,000	$ 947,000

Revenue Recognition - Summary o

Revenue Recognition - Summary of Contract Balances (Detail) - USD ($) $ in Thousands	Oct. 31, 2018	May 01, 2018	Apr. 30, 2018
Contract Balances:
Contract assets, current	$ 3,104	$ 3,815
Contract assets, long-term	1,394	332
Total contract assets	4,498	4,147
Deferred revenue, current	29,395	32,705	$ 33,226
Deferred revenue, long-term		147	$ 147
Total deferred revenue	$ 29,395	$ 32,852

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregated Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenues:
Revenues	$ 28,033	$ 26,337	$ 55,432	$ 53,222
Domestic
Revenues:
Revenues	22,502	20,996	44,454	42,542
International
Revenues:
Revenues	$ 5,531	$ 5,341	$ 10,978	$ 10,680

Declaration of Dividend Payab_2

Declaration of Dividend Payable - Additional Information (Detail) - $ / shares	Aug. 22, 2018	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Dividends [Abstract]
Cash dividends declared per common share	$ 0.11	$ 0.11	$ 0.11	$ 0.22	$ 0.22
Cash dividend payable date				Dec. 5, 2018
Cash dividends declared, record date				Nov. 19, 2018
Cash dividends payable, declared date				Aug. 22, 2018

Earnings per Common Share - Add

Earnings per Common Share - Additional Information (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Earnings Per Share [Line Items]
Options to purchase excluded	12,000	1,184,124	6,065	1,105,521
Options to purchase outstanding	4,119,923	3,440,512	4,119,923	3,440,512
Class A Common Shares
Earnings Per Share [Line Items]
Dividends preference, per share			$ 0.05

Earnings Per Common share - Bas

Earnings Per Common share - Basic Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total	[1]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Basic weighted average common shares outstanding		30,926	29,906	30,825	29,788
Class A Common Shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Distributed earnings		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Undistributed losses		(0.07)	(0.03)	(0.13)	(0.05)
Total	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Distributed earnings		$ 3,200	$ 3,064	$ 6,396	$ 6,078
Undistributed losses		(2,033)	(768)	(3,927)	(1,269)
Total		$ 1,167	$ 2,296	$ 2,469	$ 4,809
Basic weighted average common shares outstanding		29,104	27,589	28,959	27,448
Class B Common Shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Distributed earnings		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Undistributed losses		(0.07)	(0.03)	(0.13)	(0.05)
Total	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Distributed earnings		$ 205	$ 249	$ 409	$ 505
Undistributed losses		(129)	(65)	(250)	(109)
Total		$ 76	$ 184	$ 159	$ 396
Basic weighted average common shares outstanding		1,822	2,317	1,866	2,340
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.
[2]	Amounts adjusted for rounding

Earnings Per Common share - Dil

Earnings Per Common share - Diluted Earnings per Share for Class A Common Shares Using If-Converted Method (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic weighted average common shares outstanding		30,926	29,906	30,825	29,788
Diluted, Class A Common Shares		31,477	30,229	31,412	30,110
Basic, EPS	[1]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted, EPS	[1]	$ 0.04	$ 0.08	$ 0.08	$ 0.17
Class A Common Shares
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed & Distributed Earnings, Per Basic		$ 1,167	$ 2,296	$ 2,469	$ 4,809
Undistributed & Distributed Earnings, Class B Conversion		76	184	159	396
Net earnings		$ 1,243	$ 2,480	$ 2,628	$ 5,205
Basic weighted average common shares outstanding		29,104	27,589	28,959	27,448
Common Stock Equivalents		552	323	587	322
Weighted Average Number of Shares Including Common Stock Equivalents, Diluted		29,656	27,912	29,546	27,770
Class B Conversion		1,822	2,317	1,866	2,340
Diluted, Class A Common Shares		31,478	30,229	31,412	30,110
Basic, EPS	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted, EPS	[2]	$ 0.04	$ 0.08	$ 0.08	$ 0.17
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.
[2]	Amounts adjusted for rounding

Earnings Per Common share - D_2

Earnings Per Common share - Diluted Earnings per Share for Class B Common Shares Using Two-Class Method (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic weighted average common shares outstanding		30,926	29,906	30,825	29,788
Weighted Average Number of Shares Outstanding, Diluted		31,477	30,229	31,412	30,110
Basic, EPS	[1]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted, EPS	[1]	$ 0.04	$ 0.08	$ 0.08	$ 0.17
Class B Common Shares
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed & Distributed Earnings, Per Basic		$ 76	$ 184	$ 159	$ 396
Reallocation of undistributed earnings from Class A Common Shares to Class B Common Shares		2			1
Net earnings		$ 78	$ 184	$ 159	$ 397
Basic weighted average common shares outstanding		1,822	2,317	1,866	2,340
Weighted Average Number of Shares Outstanding, Diluted		1,822	2,317	1,866	2,340
Basic, EPS	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
Diluted, EPS	[2]	$ 0.04	$ 0.08	$ 0.09	$ 0.17
[1]	Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted earnings per share for Class B shares under the two-class method are $0.04 and $0.08 for the three months ended October 31, 2018 and 2017, and $0.09 and $0.17 for the six months ended October 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.
[2]	Amounts adjusted for rounding

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Option to purchase common stock			1,189,000	884,000
Stock-based compensation expense	$ 443,000	$ 477,000	$ 841,000	$ 793,000
Income tax excess benefit	12,000	$ (47,000)	$ 286,000	$ 80,000
Stock options exercised			343,000	482,000
Total intrinsic value of options exercised			$ 1,900,000	$ 1,300,000
Unrecognized compensation cost related to unvested stock option	$ 5,400,000		$ 5,400,000
Weighted average period for Unrecognized compensation cost			2 years 14 days

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Oct. 31, 2018	Apr. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 43,193	$ 46,972
Marketable securities	31,741	35,014
Total	74,934	81,986
Quoted Prices in Active Markets for Identical Assets, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	43,193	46,972
Marketable securities	9,676	11,125
Total	52,869	58,097
Significant Other Observable Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	22,065	23,889
Total	$ 22,065	$ 23,889

Stock Repurchases - Additional

Stock Repurchases - Additional Information (Detail) - Class A Common Shares $ in Millions	6 Months Ended	194 Months Ended
	Oct. 31, 2018USD ($)shares	Oct. 31, 2018USD ($)shares
Equity, Class of Treasury Stock [Line Items]
Common stock shares repurchased	4,588,632
Cost of common stock repurchased | $	$ 25.6
Shares Stock Repurchase Plan, August 19, 2002
Equity, Class of Treasury Stock [Line Items]
Approved number of shares to be repurchased	2,000,000	2,000,000
Common stock shares repurchased		1,053,679
Cost of common stock repurchased | $		$ 6.2

Industry Segments - Additional

Industry Segments - Additional Information (Detail)	6 Months Ended
	Oct. 31, 2018SegmentGroup
Segment Reporting [Abstract]
Number of major operating segments | Segment	3
Number of major product and service groups | Group	6

Segment Information (Detail)

Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Segment Reporting Information [Line Items]
Revenues	$ 28,033	$ 26,337	$ 55,432	$ 53,222
Operating income (loss)	1,526	3,242	2,133	6,863
Capital expenditures	180	78	894	212
Capitalized Software	1,204	1,330	2,088	2,617
Depreciation and amortization	1,913	1,321	3,711	2,705
Earnings (loss) before income taxes	1,336	3,918	2,696	8,138
Supply Chain Management
Segment Reporting Information [Line Items]
Revenues	22,114	21,178	43,572	43,064
Operating income (loss)	3,973	4,669	7,040	9,582
Capital expenditures	52	57	124	81
Capitalized Software	1,204	1,330	2,088	2,617
Depreciation and amortization	1,828	1,273	3,554	2,605
Earnings (loss) before income taxes	4,008	4,718	7,058	9,792
IT Consulting
Segment Reporting Information [Line Items]
Revenues	5,222	4,596	10,579	8,965
Operating income (loss)	396	357	755	591
Capital expenditures		4	1	6
Depreciation and amortization	2	2	4	4
Earnings (loss) before income taxes	396	357	755	591
Other
Segment Reporting Information [Line Items]
Revenues	697	563	1,281	1,193
Operating income (loss)	(2,843)	(1,784)	(5,662)	(3,310)
Capital expenditures	128	17	769	125
Depreciation and amortization	83	46	153	96
Earnings (loss) before income taxes	(3,068)	(1,157)	(5,117)	(2,245)
Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	1,526	3,242	2,133	6,863
Operating Segments | Supply Chain Management
Segment Reporting Information [Line Items]
Operating income (loss)	3,973	4,669	7,040	9,582
Operating Segments | IT Consulting
Segment Reporting Information [Line Items]
Operating income (loss)	396	357	755	591
Operating Segments | Other
Segment Reporting Information [Line Items]
Operating income (loss)	$ (2,843)	$ (1,784)	$ (5,662)	$ (3,310)

Major Customers - Additional In

Major Customers - Additional Information (Detail)	6 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Segment reporting, disclosure of major customers	No one customer accounted for more than 10% of total revenues for the three and six months ended October 31, 2018 and 2017.

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - $ / shares	Nov. 15, 2018	Aug. 22, 2018	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Subsequent Event [Line Items]
Cash dividends declared per common share		$ 0.11	$ 0.11	$ 0.11	$ 0.22	$ 0.22
Cash dividend payable date					Dec. 5, 2018
Cash dividends declared, record date					Nov. 19, 2018
Subsequent Event
Subsequent Event [Line Items]
Cash dividends declared per common share	$ 0.11
Cash dividend payable date	Feb. 22, 2019
Cash dividends declared, record date	Feb. 8, 2019