Logility Supply Chain Solutions (LGTY) 10-Q 6 Dec 24 2025 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Oct. 31, 2024	Dec. 03, 2024
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2024
Document Transition Report	false
Entity File Number	000-12456
Entity Registrant Name	LOGILITY SUPPLY CHAIN SOLUTIONS, INC.
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-1098795
Entity Address, Address Line One	470 East Paces Ferry Road, N.E.
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30305
City Area Code	404
Local Phone Number	261-4381
Title of 12(b) Security	Common Stock
Trading Symbol	LGTY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		33,680,059
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000713425
Current Fiscal Year End Date	--04-30

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Current assets:
Cash and cash equivalents	$ 44,589	$ 59,512
Investments	39,631	24,261
Trade accounts receivable, net
Billed	16,296	28,043
Unbilled	789	296
Prepaid expenses and other current assets	6,423	6,584
Total current assets	107,728	118,696
Property and equipment, net of accumulated depreciation of $30,664 at October 31, 2024 and $30,022 at April 30, 2024	5,190	5,554
Goodwill	45,782	45,782
Other intangibles, net of accumulated amortization of $18,338 at October 31, 2024 and $16,639 at April 30, 2024	8,868	10,567
Deferred tax assets	9,011	7,588
Other assets	3,924	4,257
Total assets	180,503	192,444
Current liabilities:
Accounts payable	762	1,248
Accrued compensation and related costs	3,060	2,805
Dividends payable	3,707	3,657
Other current liabilities	3,509	5,012
Deferred revenue	38,057	47,621
Total current liabilities	49,095	60,343
Other long-term liabilities	1,313	1,620
Total liabilities	50,408	61,963
Shareholders’ equity:
Additional paid-in capital	192,479	189,330
Retained deficit	(30,512)	(26,930)
Treasury stock, 5,534,953 shares at October 31, 2024 and 5,534,953 shares at April 30, 2024, at cost	(35,794)	(35,794)
Total shareholders’ equity	130,095	130,481
Commitments and contingencies
Total liabilities and shareholders’ equity	180,503	192,444
Class A Common Shares
Shareholders’ equity:
Common stock value	3,922	3,693
Class B Common Shares
Shareholders’ equity:
Common stock value	$ 0	$ 182

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) $ in Thousands	Oct. 31, 2024 USD ($) $ / shares shares	Apr. 30, 2024 USD ($) $ / shares shares
Allowance for doubtful accounts receivable | $	$ 105	$ 143
Property and equipment, accumulated depreciation | $	30,664	30,022
Other intangibles, accumulated amortization | $	$ 18,338	$ 16,639
Share conversion ratio	1.2	1.2
Class A treasury stock shares (in shares)	5,534,953	5,534,953
Class A Common Shares
Common stock, par value (in usd per share) | $ / shares	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	39,215,012	36,933,495
Common stock, shares outstanding (in shares)	39,215,012	36,933,495
Class B Common Shares
Common stock, par value (in usd per share) | $ / shares	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	0	10,000,000
Common stock, shares issued (in shares)	0	1,821,587
Common stock, shares outstanding (in shares)	0	1,821,587

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Revenues:
Revenues		$ 25,286	$ 25,690	$ 51,478	$ 51,591
Cost of revenues:
Cost of revenues		8,777	9,289	17,501	18,333
Gross margin		16,509	16,401	33,977	33,258
Research and development		4,347	4,269	8,711	8,518
Sales and marketing		5,085	5,313	10,721	11,044
General and administrative		5,850	5,461	11,283	10,922
Amortization of acquisition-related intangibles		191	129	382	153
Total operating expenses		15,473	15,172	31,097	30,637
Operating income		1,036	1,229	2,880	2,621
Other income (loss):
Interest income		865	1,073	1,801	2,161
Other, net		315	(1,650)	513	(852)
Earnings before income taxes		2,216	652	5,194	3,930
Income tax expense		478	31	1,403	695
Net earnings from continuing operations		1,738	621	3,791	3,235
Discontinued operations (Note F)
Earnings from operations of discontinued operations		0	79	0	255
Gain on disposal of discontinued operations		0	2,124	0	2,124
Income tax expense of discontinued operations		0	461	0	503
Earnings from discontinued operations, net of income taxes		0	1,742	0	1,876
Net earnings		1,738	2,363	3,791	5,111
Net (loss) earnings attributable to common shareholders		$ (2,018)	$ 2,363	$ 35	$ 5,111
Earnings per common share from continuing operations
Basic (in usd per share)	[1]	$ 0.05	$ 0.02	$ 0.11	$ 0.10
Earnings per common share from discontinued operations
Basic (in usd per share)	[1]	0	0.05	0	0.05
(Loss) earnings per common share attributable to common shareholders:
Basic (in usd per share)	[1]	(0.06)	0.07	0	0.15
Cash dividends declared per common share (in usd per share)		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Shares used in the calculation of earnings per common share:
Basic (in shares)		33,555	34,071	33,420	34,113
Diluted (in shares)		33,571	34,094	33,439	34,127
Class A Common Shares
Discontinued operations (Note F)
Net (loss) earnings attributable to common shareholders		$ (1,986)	$ 2,237	$ 33	$ 4,838
Earnings per common share from continuing operations
Basic (in usd per share)			$ 0.02		$ 0.10
Diluted (in usd per share)	[1]	$ 0.05	0.02	$ 0.11	0.10
Earnings per common share from discontinued operations
Basic (in usd per share)			0.05		0.05
Diluted (in usd per share)	[1]	0	0.05	0	0.05
(Loss) earnings per common share attributable to common shareholders:
Basic (in usd per share)		(0.06)	0.07	0	0.15
Diluted (in usd per share)	[1]	$ (0.06)	$ 0.07	$ 0	$ 0.15
Shares used in the calculation of earnings per common share:
Basic (in shares)		33,021	32,249	32,241	32,291
Diluted (in shares)		33,571	34,094	33,439	34,127
Subscription fees
Revenues:
Revenues		$ 14,522	$ 13,358	$ 29,313	$ 27,121
Cost of revenues:
Cost of revenues		4,678	4,607	9,372	8,824
License
Revenues:
Revenues		73	229	314	518
Cost of revenues:
Cost of revenues		2	93	46	165
Professional services and other
Revenues:
Revenues		3,617	4,003	7,487	7,689
Cost of revenues:
Cost of revenues		2,717	2,856	5,413	5,916
Maintenance
Revenues:
Revenues		7,074	8,100	14,364	16,263
Cost of revenues:
Cost of revenues		$ 1,380	$ 1,733	$ 2,670	$ 3,428
[1] Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Common Stock is shown above. Diluted earnings per share for Class B shares under the two-class method are $(0.06) and $0.07 for the three months ended October 31, 2024 and 2023, and $0.00 and $0.15 for the six months ended October 31, 2024 and 2023. See Note D to the condensed consolidated financial statements.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Class B Common Shares
Diluted (in usd per share)	$ (0.06)	$ 0.07	$ 0	$ 0.15

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands		Total	Class A Common Shares	Class B Common Shares	Common Stock Class A Common Shares	Common Stock Class B Common Shares	Additional paid-in capital	Retained deficit	Treasury stock
Beginning balance (in shares) at Apr. 30, 2023					36,907,242	1,821,587
Beginning balance at Apr. 30, 2023		$ 137,557			$ 3,691	$ 182	$ 182,722	$ (23,479)	$ (25,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock for equity incentive awards (in shares)					22,253
Issuance of common stock for equity incentive awards		246			$ 2		244
Stock-based compensation		3,134					3,134
Purchases of common stock		(4,814)							(4,814)
Net earnings		5,111						5,111
Dividends declared	[1]	(7,515)						(7,515)
Ending balance (in shares) at Oct. 31, 2023					36,929,495	1,821,587
Ending balance at Oct. 31, 2023		133,719			$ 3,693	$ 182	186,100	(25,883)	(30,373)
Beginning balance (in shares) at Jul. 31, 2023					36,929,495	1,821,587
Beginning balance at Jul. 31, 2023		138,348			$ 3,693	$ 182	184,520	(24,488)	(25,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation		1,580					1,580
Purchases of common stock		(4,814)							(4,814)
Net earnings		2,363						2,363
Dividends declared	[1]	(3,758)						(3,758)
Ending balance (in shares) at Oct. 31, 2023					36,929,495	1,821,587
Ending balance at Oct. 31, 2023		133,719			$ 3,693	$ 182	186,100	(25,883)	(30,373)
Beginning balance (in shares) at Apr. 30, 2024			36,933,495	1,821,587	36,933,495	1,821,587
Beginning balance at Apr. 30, 2024		130,481			$ 3,693	$ 182	189,330	(26,930)	(35,794)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock for equity incentive awards (in shares)					95,613
Issuance of common stock for equity incentive awards		0			$ 10		(10)
Conversion of B Shares to Common Stock (in shares)					2,185,904	(1,821,587)
Conversion of B shares to common stock		0			$ 219	$ (182)	(37)
Stock-based compensation	[1]	3,196					3,196
Net earnings		3,791						3,791
Dividends declared	[1]	(7,373)						(7,373)
Ending balance (in shares) at Oct. 31, 2024			39,215,012	0	39,215,012	0
Ending balance at Oct. 31, 2024		130,095			$ 3,922	$ 0	192,479	(30,512)	(35,794)
Beginning balance (in shares) at Jul. 31, 2024					37,008,055	1,821,587
Beginning balance at Jul. 31, 2024		130,454			$ 3,701	$ 182	190,908	(28,543)	(35,794)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock for equity incentive awards (in shares)					21,053
Issuance of common stock for equity incentive awards		0			$ 2		(2)
Conversion of B Shares to Common Stock (in shares)					2,185,904	(1,821,587)
Conversion of B shares to common stock		0			$ 219	$ (182)	(37)
Stock-based compensation	[1]	1,610					1,610
Net earnings		1,738						1,738
Dividends declared	[1]	(3,707)						(3,707)
Ending balance (in shares) at Oct. 31, 2024			39,215,012	0	39,215,012	0
Ending balance at Oct. 31, 2024		$ 130,095			$ 3,922	$ 0	$ 192,479	$ (30,512)	$ (35,794)
[1]Amounts adjusted for rounding

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Cash flows from operating activities:
Net earnings	$ 3,791	$ 5,111
Earnings from discontinued operations, net of tax	0	(1,876)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	2,354	2,007
Stock-based compensation expense	3,196	3,134
Net (gain) loss on investments	(416)	727
Deferred income taxes	(1,744)	1,023
Gain on sale of discontinued operations	0	(2,124)
Changes in operating assets and liabilities:
Purchases of trading securities	(29,489)	(3,958)
Proceeds from sales and maturities of trading securities	14,535	6,251
Accounts receivable, net	11,254	6,845
Prepaid expenses and other assets	483	(2,004)
Accounts payable and other liabilities	(1,721)	(3,822)
Deferred revenue	(9,564)	(4,878)
Net cash (used in) provided by operating activities of continuing operations	(7,321)	6,436
Net cash provided by operating activities of discontinued operations	0	1,618
Net cash (used in) provided by operating activities	(7,321)	8,054
Cash flows from investing activities:
Purchases of property and equipment, net of disposals	(280)	(490)
Purchase of business, net of cash acquired	0	(25,032)
Net cash used in investing activities of continuing operations	(280)	(25,522)
Net cash provided by investing activities of discontinued operations	0	1,825
Net cash used in investing activities	(280)	(23,697)
Cash flows from financing activities:
Proceeds from exercise of stock options	0	246
Purchases of common stock	0	(4,814)
Dividends paid	(7,322)	(7,514)
Net cash used in financing activities of continuing operations	(7,322)	(12,082)
Net change in cash and cash equivalents	(14,923)	(27,725)
Cash and cash equivalents at beginning of period	59,512	90,696
Cash and cash equivalents at end of period	44,589	62,971
Supplemental disclosure of cash flow information:
Income taxes, net of refunds	4,340	2,498
Supplemental disclosures of noncash operating, investing and financing activities:
Accrual of dividends payable	3,707	3,758
Conversion of B shares to common stock	$ 3,756	$ 0

Presentation and Summary of Sig

Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
Presentation and Summary of Significant Accounting Policies	Presentation and Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements ("condensed consolidated financial statements") have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete consolidated financial statements. In the opinion of our management, these condensed consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s financial position at October 31, 2024, results of operations for the three and six months ended October 31, 2024 and 2023, consolidated statements of shareholders’ equity for the three and six months ended October 31, 2024 and 2023, and cash flows for the six months ended October 31, 2024 and 2023. The Company’s results for the three and six months ended October 31, 2024 are not necessarily indicative of the results expected for the full year. You should read these statements in conjunction with our audited consolidated financial statements and management’s discussion and analysis and results of operations included in our Annual Report on Form 10-K for the fiscal year ended April 30, 2024 (the "Annual Report"). The terms “fiscal 2025” and “fiscal 2024” refer to our fiscal years ending April 30, 2025 and 2024, respectively. The preparation of these condensed 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 revenue and expenses during the reporting period. Note 1 in the Notes to Consolidated Financial Statements contained in the Annual Report describes the significant accounting policies that we have used in preparing our condensed consolidated financial statements. On an ongoing basis, we evaluate our estimates, including, but not limited to, those related to revenue reserves and allowances. 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. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Logility Supply Chain Solutions, Inc. (formerly known as "American Software, Inc. until October 1, 2024 and, referred to herein as “Logility Supply Chain Solutions" or the "Company”), and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. In September 2023, we disposed of our 100% equity interest in our information technology staffing firm, The Proven Method ("TPM") for approximately $2.1 million in cash. For further information regarding the transaction, see Note F to the accompanying condensed consolidated financial statements. Reclassification of Class B Common Stock On August 20, 2024, the Company consummated the previously announced reclassification (the “Reclassification”) of the Company’s common stock to eliminate its Class B Common Stock. In connection with the Reclassification, the Company issued 2,185,904 shares of Class A Common Stock to James C. Edenfield, the beneficial owner of all of the issued and outstanding shares of the Class B Shares (the “Class B Shareholder”), pursuant to that certain Reclassification Agreement, dated April 10, 2024 (the “Reclassification Agreement”), by and between the Company and the Class B Shareholder. Pursuant to the Reclassification Agreement, the Company amended and restated its Amended and Restated Articles of Incorporation (the “Second Amended and Restated Articles”), which the Company filed with the Secretary of State of the State of Georgia on August 21, 2024 (the “Effective Time”) to give effect to the Reclassification and the other amendments approved by the Registrant’s shareholders at the Company’s annual meeting of shareholders held on August 20, 2024. Following the Effective Time, each share of Class B Common Stock issued and outstanding immediately prior to the Effective Time was reclassified, exchanged and converted into 1.2 shares of the Company’s Common Stock (formerly known, after giving effect to the Second Amended and Restated Articles, as Class A Common Stock and, referred to herein as "Common Stock" or "Class A Common Stock"). The shares issued to the Class B Shareholder were issued in reliance upon an exemption from registration pursuant to Section 4(a)(2) under the Securities Act of 1933, as amended, which exempts transactions by an issuer not involving any public offering. In accordance with ASC 260, Earnings Per Share , net (loss) earnings per share attributable to common stockholders was reduced by the excess of the fair value of the common shares issued over the carrying amount of the Class B shares surrendered. For further information regarding this transaction, see Note D to the accompanying condensed consolidated financial statements. Recent Accounting Pronouncements ASU 2023-07 — In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ", which expands disclosures about a public entity’s reportable segments and requires more enhanced information about a reportable segment’s expenses, interim segment profit or loss, and how a public entity’s chief operating decision maker uses reported segment profit or loss information in assessing segment performance and allocating resources. The standard is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company will begin providing the enhanced reportable segment financial disclosures effective with its Annual Report on Form 10-K for the year ending April 30, 2025. ASU 2023-09 — In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosure s", which expands disclosures in an entity’s income tax rate reconciliation table and regarding cash taxes paid both in the United States and foreign jurisdictions. The standard is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is assessing the effect of this update on our consolidated financial statements and related disclosures.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Oct. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition In accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606), we recognize revenue when we transfer control of the promised goods or services to our clients, in an amount that reflects the consideration we expect to receive, in exchange for those goods or services. We derive our revenue from Software-as-a-Service (“SaaS”), licenses, professional services and other and maintenance. The Company recognizes revenue in accordance with the following steps: Step 1 - Identification of the Contract with the Client 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 Subscription. Subscription fees include SaaS revenue for the right to use the software for a limited period of time in an environment hosted by the Company or by a third-party. The client accesses and uses the software on an as-needed basis over the Internet or via a dedicated line; however, the client has no right to take delivery of the software. The underlying arrangements typically include a single fee for the service that is billed monthly, quarterly or annually. The Company’s SaaS solutions represent a series of distinct services that are substantially the same and have the same pattern of transfer to the client. Revenue from a SaaS solution is generally recognized ratably over the term of the arrangement. License. Our perpetual software licenses provide the client with a right to use the software as it exists at the time of purchase. We recognize revenue for distinct software licenses once the license period has begun and we have made the software available to the client. Our perpetual software licenses are sold with maintenance under which we provide clients with telephone consulting, product updates on a when available basis, and releases of new versions of products previously purchased by the client, as well as error reporting and correction services. Professional Services and Other. Our services revenue consists of fees generated from consulting, implementation and training services, including reimbursements of out-pocket expenses in connection with our services. Services are typically optional to our clients, and are distinct from our software. Fees for our services are separately priced and are generally billed in arrears on an hourly basis, and revenue is recognized over time as the services are performed. We believe the output method of hours worked provides the best depiction of the transfer of our services since the client is receiving the benefit from our services as the work is performed. The total amount of expense reimbursement included in professional services and other revenue was immaterial for the three and six months ended October 31, 2024 and 2023. Maintenance. Revenue is derived from maintenance under which we provide clients with telephone consulting, product updates and releases of new versions of products previously purchased by the client on a when and-if-available basis, as well as error reporting and correction services. Maintenance for perpetual licenses is renewable, generally on an annual basis, at the option of the client. Maintenance terms typically range from one Indirect Channel Revenue. We record revenue from sales made through the indirect sales channels on a gross basis, because we control the goods or services and act as the principal in the transaction. In reaching this determination, we evaluated sales through our indirect channel on a case-by-case basis and considered a number of factors including indicators of control such as the party having the primary responsibility to provide specified goods or services and the party having discretion in establishing prices. Sales Taxes. We account for sales taxes collected from clients on a net basis. Contract Balances. Timing of invoicing to clients may differ from timing of revenue recognition and these timing differences result in unbilled accounts receivables or contract liabilities (deferred revenue) on the Company’s Condensed Consolidated Balance Sheets (Unaudited). Fees for our software licenses are generally due within 30 days of contract execution. We have an established history of collecting under the terms of our software license contracts without providing refunds or concessions to our clients. SaaS solutions and maintenance are typically billed in advance on a monthly, quarterly, or annual basis. Services are typically billed as performed. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined that our contracts generally do not include significant financing component. The primary purpose of our invoicing terms is to provide clients with predictable ways to purchase our software and services, not to provide or receive financing. Additionally, we are applying the practical expedient to exclude any financing component from consideration for any contracts with payment terms of one year or less since we rarely offer terms extending beyond one year. The consideration in our client contracts is fixed. We have an unconditional right to consideration for all goods and services transferred to our clients. That unconditional right to consideration is reflected in billed and unbilled accounts receivable in the accompanying Condensed Consolidated Balance Sheets (Unaudited) in accordance with Topic 606. Deferred revenue consists of amounts collected prior to having completed the performance of maintenance, SaaS, hosting, and managed services. We typically invoice clients 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, 2024, we recognized $33.5 million of revenue that was included in the deferred revenue balance as of April 30, 2024. October 31, April 30, (in thousands) Deferred revenue $ 38,057 $ 47,621 Remaining Performance Obligations. A performance obligation is a promise in a contract to transfer a distinct good or service to the client and is the unit of account under Topic 606. The transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied by transferring the promised good or service to the client. The Company identifies and tracks the performance obligations at contract inception so that the Company can monitor and account for the performance obligations over the life of the contract. Remaining performance obligations represent the transaction price of orders for which products have not been delivered or services have not been performed. As of October 31, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $120.0 million. The Company expects to recognize revenue on approximately 52% of the remaining performance obligations over the next 12 months, with the remainder recognized thereafter. Disaggregated Revenue. The Company disaggregates revenue from contracts with clients by geography, as it believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) (in thousands) Revenues: Domestic $ 19,792 $ 20,058 $ 40,284 $ 40,606 International 5,494 5,632 11,194 10,985 $ 25,286 $ 25,690 $ 51,478 $ 51,591 Contract Costs. The Company capitalizes the incremental costs of obtaining a contract with a client if the Company expects to recover those costs. The incremental costs of obtaining a contract are those that the Company incurs to obtain a contract with a client that it would not have incurred if the contract had not been obtained (for example, a sales commission). The Company capitalizes the costs incurred to fulfill a contract only if those costs meet all of the following criteria: • The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify. • 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. • 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 based on the timing of when the Company expects to recognize the expense. The current and non-current portions of deferred commissions are included in prepaid expenses and other current assets and other assets, respectively, in the Company’s Condensed Consolidated Balance Sheets (Unaudited). Total deferred commissions at October 31, 2024 and April 30, 2024 were $2.0 million and $2.5 million, respectively. Amortization of sales commissions was $0.4 million and $0.8 million for the three and six months ended October 31, 2024 and $0.4 million and $0.8 million for the three and six months ended 2023, respectively, which is included in "Sales and marketing" expense in the accompanying Condensed Consolidated Statements of Operations. No impairment losses were recognized during the periods.

Declaration of Dividend Payable

Declaration of Dividend Payable	6 Months Ended
	Oct. 31, 2024
Dividends [Abstract]
Declaration of Dividend Payable	Declaration of Dividend Payable On August 23, 2024, our Board of Directors declared a quarterly cash dividend of $0.11 per share of our Common Stock. The cash dividend became payable on November 29, 2024 to our shareholders of record at the close of business on November 15, 2024.

(Loss) Earnings Per Common Shar

(Loss) Earnings Per Common Share	6 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
(Loss) Earnings Per Common Share	(Loss) Earnings Per Common Share Prior to the Reclassification discussed in Note A, the Company had two classes of common stock. As a result, the Company computed the (loss) earnings per share in compliance with the Earnings Per Share Topic of ASC 260, Earnings Per Share , which requires companies that have multiple classes of participating equity securities to use the “two-class” method in computing (loss) earnings per share. Basic (loss) earnings per share are calculated by dividing net (loss) earnings attributable to each class of common stock by the weighted average number of shares outstanding. All undistributed losses or earnings are allocated evenly between Class A and B common shares in the (loss) earnings per share calculation to the extent that earnings equal or exceed $0.05 per share. Diluted (loss) earnings per share is calculated similarly to basic (loss) earnings per share, except that the calculation is adjusted to give effect to dilutive elements including stock options and restricted stock units ("RSUs") issuable under the Company's stock incentive plans. Diluted (loss) earnings per share excludes all dilutive potential shares of common stock if their effect is anti-dilutive. For the Company’s diluted (loss) earnings per share calculation for common shares, the Company uses the “if-converted” method. This calculation assumes that all Class B common shares are converted into Class A common shares and, as a result, assumes there are no holders of Class B common shares to participate in undistributed earnings. Prior to the Reclassification, the Company used the “two-class” method for the Company’s diluted earnings per share calculation for Class B shares. This calculation does not assume that all Class B common shares are converted into Class A common shares. In addition, this method assumes the dilutive effect of Class A stock options and RSUs were converted to Class A shares and the undistributed earnings are allocated evenly to both Class A and B shares including Class A shares issued pursuant to those converted stock options. This allocation is based on management’s judgment after considering the dividend rights of the two-classes of common stock, the control of the Class B shareholder and the convertibility rights of the Class B shares into Class A shares. In accordance with ASC 260, Earnings Per Share , and as related to the Reclassification Agreement discussed in Note A, the $3.8 million difference between the fair value of the common shares issued and the carrying value of the Class B shares surrendered was included as a reduction to the numerator in calculating the net (loss) earnings attributable to common stockholders. The following tables set forth the computation of basic (loss) earnings per common share and diluted (loss) earnings per common share (in thousands except for per share amounts): Basic (loss) earnings per common share: Three Months Ended October 31, 2024 Six Months Ended October 31, 2024 Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed (loss) (0.17) (0.17) (0.22) (0.22) Total $ (0.06) $ (0.06) $ — $ — Distributed earnings $ 3,646 $ 59 $ 7,107 $ 260 Undistributed (loss) (1,936) (31) (3,450) (126) Total $ 1,710 $ 28 $ 3,657 $ 134 Consideration transferred in excess of Class B shares cost basis pursuant to the Reclassification Agreement $ (3,696) $ (60) $ (3,624) $ (132) Net (loss) earnings attributable to common stockholders $ (1,986) $ (32) $ 33 $ 2 Basic weighted average common shares 33,021 534 32,241 1,179 Three Months Ended October 31, 2023 Six Months Ended October 31, 2023 Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.04) (0.04) (0.07) (0.07) Total from continuing operations $ 0.02 $ 0.07 $ 0.10 $ 0.15 Total from discontinued operations $ 0.05 $ — $ 0.05 $ — Total $ 0.07 $ 0.07 $ 0.15 $ 0.15 Distributed earnings $ 3,556 $ 201 $ 7,114 $ 401 Undistributed losses (1,319) (75) (2,276) (128) Total from continuing operations $ 495 $ 126 $ 2,962 $ 273 Total from discontinued operations $ 1,742 $ — $ 1,876 $ — Net earnings attributable to common stockholders $ 2,237 $ 126 $ 4,838 $ 273 Basic weighted average common shares outstanding 32,249 1,822 32,291 1,822 Diluted EPS for Class A Common Shares Using the If-Converted Method Three Months Ended October 31, 2024 Undistributed Class A EPS* Per Basic $ (1,986) 33,021 $ (0.06) Common Stock Equivalents — 16 — (1,986) 33,037 (0.06) Class B Common Share Conversion* (32) 534 — Diluted EPS for Class A Common Shares $ (2,018) 33,571 $ (0.06) Six Months Ended October 31, 2024 Undistributed Class A EPS* Per Basic $ 33 32,241 $ — Common Stock Equivalents — 19 — 33 32,260 $ — Class B Common Share Conversion 2 1,179 — Diluted EPS for Class A Common Shares $ 35 $ 33,439 $ — Three Months Ended October 31, 2023 Undistributed Class A EPS* Per Basic $ 2,237 32,249 $ 0.07 Common Stock Equivalents — 23 — 2,237 32,272 0.07 Class B Common Share Conversion 126 1,822 — Diluted EPS for Class A Common Shares $ 2,363 34,094 $ 0.07 Six Months Ended October 31, 2023 Undistributed Class A EPS* Per Basic $ 4,838 32,291 $ 0.15 Common Stock Equivalents — 14 — 4,838 32,305 $ 0.15 Class B Common Share Conversion 273 1,822 — Diluted EPS for Class A Common Shares $ 5,111 34,127 $ 0.15 Diluted EPS for Class B Common Shares Using the Two-Class Method Three Months Ended October 31, 2024 Undistributed Class B EPS* Per Basic $ (32) 534 $ (0.06) Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ (32) 534 $ (0.06) Six Months Ended October 31, 2024 Undistributed Class B EPS* Per Basic $ 2 1,179 $ — Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — Diluted EPS for Class B Common Shares $ 2 1,179 $ — Three Months Ended October 31, 2023 Undistributed Class B EPS* Per Basic $ 126 1,822 $ 0.07 Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares 1 — — Diluted EPS for Class B Common Shares $ 127 1,822 $ 0.07 Six Months Ended October 31, 2023 Undistributed Class B EPS* Per Basic $ 273 1,822 $ 0.15 Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 273 1,822 $ 0.15 ____________ *Amounts adjusted for rounding For the three and six months ended October 31, 2024 we excluded options to purcha se 6,769,980 and 6,540,904 Common Shares, and 83,587 RSUs, respectively, and for the three and six months ended October 31, 2023 we excluded options to purcha s e 6,282,441 and 6,041,068 Common Shares, respectively. We excluded these options because the exercise prices of those options were greater than the average market price of the Common Shares during the applicable period. As of October 31, 2024, we had a total of 6,931,800 options outstanding and as of October 31, 2023, we had a total of 6,569,004 options outstanding. As of October 31, 2024, we had a total of 83,587 RSUs outstanding and as of October 31, 2023, we had a total of 95,411 RSUs outstanding.

Acquisitions

Acquisitions	6 Months Ended
	Oct. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Acquisitions	Acquisitions We account for business combinations using the acquisition method of accounting and, accordingly, the identifiable assets acquired and liabilities assumed are recorded based upon management’s estimates of current fair values as of the acquisition date. The estimation process includes analyses based on income and market approaches. Goodwill represents the excess purchase price over the fair value of net assets, including the amount assigned to identifiable intangible assets. The goodwill generated is due in part to the synergies that are not included in the fair value of identifiable intangible assets. Goodwill recorded in an acquisition is assigned to applicable reporting units based on expected revenues. Identifiable intangible assets with finite lives are amortized over their useful lives. Amortization of current technology is recorded in cost of revenue-subscription fees and amortization of all other intangible assets is recorded in amortization of acquisition-related intangibles. Acquisition-related costs, including advisory, legal, accounting, valuation and other costs, are expensed in general and administrative expenses in the periods in which such costs are incurred. The results of operations of acquired businesses are included in the condensed consolidated financial statements from the acquisition date. Effective September 5, 2023, the Company entered into a Stock Purchase Agreement (“Garvis Purchase Agreement”) with privately-held Garvis AI Limited, a private limited company organized and registered under the laws of England and Wales (“Garvis”). Pursuant to the Garvis Purchase Agreement, the Company acquired 100% of the total issued and outstanding shares of capital stock of Garvis, a visionary SaaS startup that can combine a large language model-based AI interface (e.g. ChatGPT) with AI-native demand forecasting. Garvis designed an AI-first forecasting solution, now called Demand AI+, from the ground up. When combined with Generative AI, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm that quickly digitizes supply chain relationships and exposes that data to any stakeholder across the organization. By simply asking questions planners, executives, and non-planners alike get answers to unanticipated queries in real-time, providing transparency for more informed decisions that saves precious planning time. Demand AI+, built for the cloud, will be embedded into the Logility Digital Supply Chain Platform. The combined solutions will enable a new supply chain planning paradigm with DemandAI+ that moves beyond conventional methods to plan demand and inventory at the speed of the market. Under the terms of the Garvis Purchase Agreement, the Company acquired the capital stock for cash consideration paid, net of cash acquired, of approximately $25.0 million, subject to certain post-closing adjustments. The Company incurred acquisition costs of $0 during the three and six months ended October 31, 2024 and $337,000 during the three and six months ended October 31, 2023, respectively. The operating results of Garvis are not material for proforma disclosure. The Company allocated $16.2 million of the total purchase price to goodwill, which has been assigned to the Supply Chain Management segment and is not deductible for income tax purposes. The following allocation of the total purchase price reflects the fair value of the assets acquired and liabilities assumed as of September 5, 2023 (in thousands): Useful Life Cash 67 Accounts receivable, net 352 Current assets 47 Property and equipment, net 27 Goodwill 16,224 Non-compete 2,000 3 years Current technology 9,000 5 years Total assets acquired 27,717 Current liabilities (617) Long-term liabilities (1,992) Total liabilities assumed $ (2,609) Net assets acquired $ 25,108 Current technology and non-compete agreements are being amortized on a straight-line basis over the remaining estimated economic life of the assets, including the period being reported.

Divestitures

Divestitures	6 Months Ended
	Oct. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	Divestitures Discontinued Operations On September 18, 2023, the Company disposed of its 100% equity interest in its information technology staffing firm, TPM to Marathon TS, Inc., an IT professional services firm for approximately $2.1 million in cash, of which $200,000 is held in escrow. The amounts held in escrow are limited to claims arising out of or relating to any pre-closing taxes. Any escrow amounts that are not subject to then outstanding indemnification claims shall be released to the Company in equal $100,000 increments on the 24 and 36 month anniversary of the transaction closing date and are included in prepaid expenses and other current assets and other assets in the Condensed Consolidated Balance Sheets (Unaudited) as of October 31, 2024 and April 30, 2024. There have not been any submitted, or expected, indemnification claims against these escrowed funds. This transaction enables us to focus on our core supply chain planning business allowing Logility to continue to expand its AI-first supply chain management platform. In accordance with applicable accounting guidance for the disposal of long-lived assets, the results of TPM are presented as discontinued operations and, as such, have been excluded from both continuing operations and segment results in the accompanying Condensed Consolidated Statements of Operations (Unaudited), Condensed Consolidated Statements of Cash Flows (Unaudited) and in the Notes to Condensed Consolidated Financial Statements. TPM was previously reported in the former IT Consulting segment, which consisted entirely of TPM. The following is selected financial information included in Earnings from discontinued operations for TPM: Three Months Ended Six Months Ended 2024 2023 2024 2023 Revenue $ — $ 1,666 $ — $ 4,932 Cost of revenue — 1,411 — 3,959 Total operating expenses $ — $ 176 $ — $ 718 Gain on disposal of discontinued operations — 2,124 — 2,124 Earnings before income taxes $ — $ 2,203 $ — $ 2,379 Income tax expense — 461 — 503 Earnings from discontinued operations, net of taxes $ — $ 1,742 $ — $ 1,876

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Compensation Committee of our Board of Directors awarded RSUs to independent directors not employed by the Company that will vest, and shares of Class A common stock will be issued, on the first anniversary of the date of the grant. In addition, stock option grants for employees and contractors for Class A common shares were issued, as follows: Six Months Ended October 31, 2024 2023 Awards granted: Options 1,311,000 1,460,000 RSUs 83,587 95,411 Total awards granted 1,394,587 1,555,411 The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model and the fair value of each RSU award is estimated on the date of grant using the fair value method. The forfeiture rates are estimated using historical data. We recorded total compensation cost related to stock options of approximately $1.4 million and $1.3 million, and income tax expense of approximately $138,000 and $0 from option expirations during the three months ended October 31, 2024 and 2023, respectively. The Company recorded compensation cost related to RSUs of approximately $0.2 million and $0.3 million during the three months ended October 31, 2024 and 2023, respectively. We recorded total compensation cost related to stock options of approximately $2.6 million and $2.7 million, and income tax expense of approximately $556,000 and $0 from option expirations during the six months ended October 31, 2024 and 2023, respectively. The Company recorded compensation cost related to RSUs of approximately $0.6 million and $0.4 million during the six months ended October 31, 2024 and 2023, respectively. We record stock-based compensation expense on a straight-line basis over the vesting period directly to additional paid-in capital. During the six months ended October 31, 2024 and 2023, we issued 0 and 22,253 shares of Class A common stock, respectively, resulting from the exercise of stock options. During the six months ended October 31, 2024 and 2023, we issued 95,613 and 0 shares of Class A common stock, respectively, resulting from the vesting of RSUs. The total intrinsic value of options exercised during the six months ended October 31, 2024 and 2023 based on market value at the exercise dates was approximately $0 and $40,000, respectively. The total intrinsic value of RSUs released during the six months ended October 31, 2024 and 2023 based on market value at the exercise dates was approximately $1.1 million and $0, respectively. As of October 31, 2024, unrecognized compensation cost related to unvested stock option and RSU awards approximated $14.2 million and $0.4 million, respectively which we expect to recognize over a weighted average period of 1.70 years.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	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 —Cash equivalents include investments in government obligation based money-market funds, other money market instruments and interest-bearing deposits with initial terms of three months or less. The fair value of cash equivalents approximates its carrying value due to the short-term nature of these instruments. Marketable Securities —Marketable securities utilizing Level 1 inputs include active exchange-traded equity securities and equity index funds, and most U.S. government debt securities, as these securities all have quoted prices in active markets. Marketable securities utilizing Level 2 inputs include municipal bonds. We value these securities using market-corroborated pricing or other models that use observable inputs such as yield curves. The following tables present our assets and liabilities that we measured at fair value on a recurring basis as of October 31, 2024 and April 30, 2024, and indicate the fair value hierarchy of the valuation techniques we used to determine such fair value (in thousands): October 31, 2024 Quoted Prices Significant Significant Balance Cash equivalents $ 40,454 $ — $ — $ 40,454 U.S. Treasury securities 39,631 — — 39,631 Total $ 80,085 $ — $ — $ 80,085 April 30, 2024 Quoted Prices Significant Significant Balance Cash equivalents $ 53,521 $ — $ — $ 53,521 U.S. Treasury securities 24,261 — — 24,261 Total $ 77,782 $ — $ — $ 77,782

Stock Repurchases

Stock Repurchases	6 Months Ended
	Oct. 31, 2024
Equity [Abstract]
Stock Repurchases	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 made these repurchases through open market purchases at prevailing market prices. We have completed our repurchase of 2.0 million shares of Class A common stock at a cost of approximately $16.4 million, which had no impact on fiscal 2025. As of October 31, 2024, under all repurchase plans previously authorized, including this most recent plan, we have repurchased a total of 5,534,953 shares of common stock at a cost of approximately $35.8 million.

Comprehensive Income

Comprehensive Income	6 Months Ended
	Oct. 31, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Comprehensive Income	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, 2024
Segment Reporting [Abstract]
Industry Segments	Industry Segments FASB ASC 280, Segment Reporting , establishes standards for reporting information about operating segments. Operating segments are defined as components of a public entity about which separate financial information is available that is evaluated regularly by the chief operating decision makers (“CODMs”), or decision making group, in deciding how to allocate resources and in assessing performance. Our CODMs are our Chief Executive Officer and President and our Chief Financial Officer. While our CODMs are apprised of a variety of financial metrics and information, we manage our business primarily on a segment basis, with the CODMs evaluating performance based upon segment operating profit or loss that includes an allocation of common expenses, but excludes certain unallocated corporate expenses, which are included in the Other segment. Our CODMs review the operating results of our two segments, assess performance and allocate resources in a manner that is consistent with the changing market dynamics that we have experienced. The two operating segments are: (1) Supply Chain Management (“SCM”) and (2) Other. The SCM segment leverages a single platform spanning seven supply chain process areas, including product, demand, inventory, supply, deploy, integrated business planning and supply chain data management. The Other segment consists of (i) legacy enterprise resource planning software ("ERP"), which provides purchasing and materials management, client order processing, financial, e-commerce and traditional manufacturing solutions, and (ii) unallocated corporate overhead expenses. During the first quarter of fiscal 2025, the Company changed the structure of its internal organization to accelerate the execution of its strategy, including strengthening the Company’s ability to deliver strong financial performance, drive growth in its SCM service offerings, meet changing customer demands in supply chain networks, achieve cost savings and enable strategic innovation across the Company’s SCM businesses. The result of this change was that the operating results related to the Company's former subsidiary New Generation Computing's legacy enterprise resource planning business was repositioned out of the SCM segment and into the Other segment. Certain prior year amounts have been recast to conform to fiscal 2025 presentation. Furthermore, this change had no effect on our previously reported consolidated financial position or results of operations. All of our revenue is derived from external clients. We do not have any inter-segment revenue. Our income taxes and dividends are paid at a consolidated level. Consequently, it is not practical to show these items by operating segment. The following table sets forth certain financial information from continuing operations attributable to the Company's business segments for the three and six months ended October 31, 2024 and 2023 (in thousands): Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Revenue: Supply Chain Management $ 24,507 $ 24,828 $ 49,876 $ 49,798 Other 779 862 1,602 1,793 $ 25,286 $ 25,690 $ 51,478 $ 51,591 Operating income (loss): Supply Chain Management $ 6,143 $ 5,597 $ 12,731 $ 11,768 Other (5,107) (4,368) (9,851) (9,147) $ 1,036 $ 1,229 $ 2,880 $ 2,621 Capital expenditures: Supply Chain Management $ 20 $ 37 $ 27 $ 387 Other 124 19 253 134 $ 144 $ 56 $ 280 $ 521 Depreciation and amortization: Supply Chain Management $ 999 $ 1,102 $ 2,019 $ 1,653 Other 167 175 336 354 $ 1,167 $ 1,277 $ 2,354 $ 2,007 Earnings (loss) before income taxes: Supply Chain Management $ 6,720 $ 5,617 $ 13,835 $ 12,034 Other (4,504) (4,965) (8,641) (8,104) $ 2,216 $ 652 $ 5,194 $ 3,930

Major Clients

Major Clients	6 Months Ended
	Oct. 31, 2024
Segment Reporting [Abstract]
Major Clients	Major Clients No single client accounted for more than 10% of total revenue for the three and six months ended October 31, 2024 and 2023. One client accounted for 14% of Trade accounts receivable as of October 31, 2024. No single client accounted for more than 10% of Trade accounts receivable as of April 30, 2024.

Contingencies

Contingencies	6 Months Ended
	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies More often than not, the Company indemnifies its clients against damages and costs resulting from third-party claims of intellectual property infringement associated with use of the Company’s products. The Company historically has not been required to make any payments under such indemnification obligations. However, the Company continues to monitor the circumstances that are subject to indemnification to identify whether it is probable that a loss has occurred, and would recognize any such losses under such indemnification obligations when they are estimable. In addition, the Company warrants to clients that the Company’s products operate substantially in accordance with the software product’s specifications. Historically, no costs have been incurred related to software product warranties and none are expected in the future, and as such no accruals for software product warranty costs have been made. Additionally, the Company is 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 the financial position or results of operations of the Company.

Subsequent Events

Subsequent Events	6 Months Ended
	Oct. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On November 20, 2024, our Board of Directors declared a quarterly cash dividend of $0.11 per share of our common stock. The cash dividend is payable on February 21, 2025 to shareholders of record at the close of business on February 7, 2025.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Pay vs Performance Disclosure
Net earnings	$ 1,738	$ 2,363	$ 3,791	$ 5,111

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Oct. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Presentation and Summary of S_2

Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements ("condensed consolidated financial statements") have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete consolidated financial statements. In the opinion of our management, these condensed consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s financial position at October 31, 2024, results of operations for the three and six months ended October 31, 2024 and 2023, consolidated statements of shareholders’ equity for the three and six months ended October 31, 2024 and 2023, and cash flows for the six months ended October 31, 2024 and 2023. The Company’s results for the three and six months ended October 31, 2024 are not necessarily indicative of the results expected for the full year. You should read these statements in conjunction with our audited consolidated financial statements and management’s discussion and analysis and results of operations included in our Annual Report on Form 10-K for the fiscal year ended April 30, 2024 (the "Annual Report"). The terms “fiscal 2025” and “fiscal 2024” refer to our fiscal years ending April 30, 2025 and 2024, respectively.
Principles of Consolidation and Reclassification of Class B Common Stock	Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Logility Supply Chain Solutions, Inc. (formerly known as "American Software, Inc. until October 1, 2024 and, referred to herein as “Logility Supply Chain Solutions" or the "Company”), and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. In September 2023, we disposed of our 100% equity interest in our information technology staffing firm, The Proven Method ("TPM") for approximately $2.1 million in cash. For further information regarding the transaction, see Note F to the accompanying condensed consolidated financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2023-07 — In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ", which expands disclosures about a public entity’s reportable segments and requires more enhanced information about a reportable segment’s expenses, interim segment profit or loss, and how a public entity’s chief operating decision maker uses reported segment profit or loss information in assessing segment performance and allocating resources. The standard is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company will begin providing the enhanced reportable segment financial disclosures effective with its Annual Report on Form 10-K for the year ending April 30, 2025. ASU 2023-09 — In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosure s", which expands disclosures in an entity’s income tax rate reconciliation table and regarding cash taxes paid both in the United States and foreign jurisdictions. The standard is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is assessing the effect of this update on our consolidated financial statements and related disclosures.
Revenue Recognition	Revenue Recognition In accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606), we recognize revenue when we transfer control of the promised goods or services to our clients, in an amount that reflects the consideration we expect to receive, in exchange for those goods or services. We derive our revenue from Software-as-a-Service (“SaaS”), licenses, professional services and other and maintenance. The Company recognizes revenue in accordance with the following steps: Step 1 - Identification of the Contract with the Client 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 Subscription. Subscription fees include SaaS revenue for the right to use the software for a limited period of time in an environment hosted by the Company or by a third-party. The client accesses and uses the software on an as-needed basis over the Internet or via a dedicated line; however, the client has no right to take delivery of the software. The underlying arrangements typically include a single fee for the service that is billed monthly, quarterly or annually. The Company’s SaaS solutions represent a series of distinct services that are substantially the same and have the same pattern of transfer to the client. Revenue from a SaaS solution is generally recognized ratably over the term of the arrangement. License. Our perpetual software licenses provide the client with a right to use the software as it exists at the time of purchase. We recognize revenue for distinct software licenses once the license period has begun and we have made the software available to the client. Our perpetual software licenses are sold with maintenance under which we provide clients with telephone consulting, product updates on a when available basis, and releases of new versions of products previously purchased by the client, as well as error reporting and correction services. Professional Services and Other. Our services revenue consists of fees generated from consulting, implementation and training services, including reimbursements of out-pocket expenses in connection with our services. Services are typically optional to our clients, and are distinct from our software. Fees for our services are separately priced and are generally billed in arrears on an hourly basis, and revenue is recognized over time as the services are performed. We believe the output method of hours worked provides the best depiction of the transfer of our services since the client is receiving the benefit from our services as the work is performed. The total amount of expense reimbursement included in professional services and other revenue was immaterial for the three and six months ended October 31, 2024 and 2023. Maintenance. Revenue is derived from maintenance under which we provide clients with telephone consulting, product updates and releases of new versions of products previously purchased by the client on a when and-if-available basis, as well as error reporting and correction services. Maintenance for perpetual licenses is renewable, generally on an annual basis, at the option of the client. Maintenance terms typically range from one Indirect Channel Revenue. We record revenue from sales made through the indirect sales channels on a gross basis, because we control the goods or services and act as the principal in the transaction. In reaching this determination, we evaluated sales through our indirect channel on a case-by-case basis and considered a number of factors including indicators of control such as the party having the primary responsibility to provide specified goods or services and the party having discretion in establishing prices. Sales Taxes. We account for sales taxes collected from clients on a net basis. Contract Balances. Timing of invoicing to clients may differ from timing of revenue recognition and these timing differences result in unbilled accounts receivables or contract liabilities (deferred revenue) on the Company’s Condensed Consolidated Balance Sheets (Unaudited). Fees for our software licenses are generally due within 30 days of contract execution. We have an established history of collecting under the terms of our software license contracts without providing refunds or concessions to our clients. SaaS solutions and maintenance are typically billed in advance on a monthly, quarterly, or annual basis. Services are typically billed as performed. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined that our contracts generally do not include significant financing component. The primary purpose of our invoicing terms is to provide clients with predictable ways to purchase our software and services, not to provide or receive financing. Additionally, we are applying the practical expedient to exclude any financing component from consideration for any contracts with payment terms of one year or less since we rarely offer terms extending beyond one year. The consideration in our client contracts is fixed. We have an unconditional right to consideration for all goods and services transferred to our clients. That unconditional right to consideration is reflected in billed and unbilled accounts receivable in the accompanying Condensed Consolidated Balance Sheets (Unaudited) in accordance with Topic 606. Deferred revenue consists of amounts collected prior to having completed the performance of maintenance, SaaS, hosting, and managed services. We typically invoice clients 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, 2024, we recognized $33.5 million of revenue that was included in the deferred revenue balance as of April 30, 2024. October 31, April 30, (in thousands) Deferred revenue $ 38,057 $ 47,621 Remaining Performance Obligations. A performance obligation is a promise in a contract to transfer a distinct good or service to the client and is the unit of account under Topic 606. The transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied by transferring the promised good or service to the client. The Company identifies and tracks the performance obligations at contract inception so that the Company can monitor and account for the performance obligations over the life of the contract. Remaining performance obligations represent the transaction price of orders for which products have not been delivered or services have not been performed. As of October 31, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $120.0 million. The Company expects to recognize revenue on approximately 52% of the remaining performance obligations over the next 12 months, with the remainder recognized thereafter. Disaggregated Revenue. The Company disaggregates revenue from contracts with clients by geography, as it believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) (in thousands) Revenues: Domestic $ 19,792 $ 20,058 $ 40,284 $ 40,606 International 5,494 5,632 11,194 10,985 $ 25,286 $ 25,690 $ 51,478 $ 51,591 Contract Costs. The Company capitalizes the incremental costs of obtaining a contract with a client if the Company expects to recover those costs. The incremental costs of obtaining a contract are those that the Company incurs to obtain a contract with a client that it would not have incurred if the contract had not been obtained (for example, a sales commission). The Company capitalizes the costs incurred to fulfill a contract only if those costs meet all of the following criteria: • The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify. • 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. • 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 based on the timing of when the Company expects to recognize the expense. The current and non-current portions of deferred commissions are included in prepaid expenses and other current assets and other assets, respectively, in the Company’s Condensed Consolidated Balance Sheets (Unaudited). Total deferred commissions at October 31, 2024 and April 30, 2024 were $2.0 million and $2.5 million, respectively. Amortization of sales commissions was $0.4 million and $0.8 million for the three and six months ended October 31, 2024 and $0.4 million and $0.8 million for the three and six months ended 2023, respectively, which is included in "Sales and marketing" expense in the accompanying Condensed Consolidated Statements of Operations. No impairment losses were recognized during the periods.
Acquisitions	We account for business combinations using the acquisition method of accounting and, accordingly, the identifiable assets acquired and liabilities assumed are recorded based upon management’s estimates of current fair values as of the acquisition date. The estimation process includes analyses based on income and market approaches. Goodwill represents the excess purchase price over the fair value of net assets, including the amount assigned to identifiable intangible assets. The goodwill generated is due in part to the synergies that are not included in the fair value of identifiable intangible assets. Goodwill recorded in an acquisition is assigned to applicable reporting units based on expected revenues. Identifiable intangible assets with finite lives are amortized over their useful lives. Amortization of current technology is recorded in cost of revenue-subscription fees and amortization of all other intangible assets is recorded in amortization of acquisition-related intangibles. Acquisition-related costs, including advisory, legal, accounting, valuation and other costs, are expensed in general and administrative expenses in the periods in which such costs are incurred. The results of operations of acquired businesses are included in the condensed consolidated financial statements from the acquisition date.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Oct. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Contract Balances	October 31, April 30, (in thousands) Deferred revenue $ 38,057 $ 47,621
Schedule of Revenue by Geography	The Company’s revenue by geography is as follows: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) (in thousands) Revenues: Domestic $ 19,792 $ 20,058 $ 40,284 $ 40,606 International 5,494 5,632 11,194 10,985 $ 25,286 $ 25,690 $ 51,478 $ 51,591

(Loss) Earnings Per Common Sh_2

(Loss) Earnings Per Common Share (Tables)	6 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
Schedule of Basic (Loss) Earnings Per Common Share	The following tables set forth the computation of basic (loss) earnings per common share and diluted (loss) earnings per common share (in thousands except for per share amounts): Basic (loss) earnings per common share: Three Months Ended October 31, 2024 Six Months Ended October 31, 2024 Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed (loss) (0.17) (0.17) (0.22) (0.22) Total $ (0.06) $ (0.06) $ — $ — Distributed earnings $ 3,646 $ 59 $ 7,107 $ 260 Undistributed (loss) (1,936) (31) (3,450) (126) Total $ 1,710 $ 28 $ 3,657 $ 134 Consideration transferred in excess of Class B shares cost basis pursuant to the Reclassification Agreement $ (3,696) $ (60) $ (3,624) $ (132) Net (loss) earnings attributable to common stockholders $ (1,986) $ (32) $ 33 $ 2 Basic weighted average common shares 33,021 534 32,241 1,179 Three Months Ended October 31, 2023 Six Months Ended October 31, 2023 Class A Class B Class A Class B Distributed earnings $ 0.11 $ 0.11 $ 0.22 $ 0.22 Undistributed losses (0.04) (0.04) (0.07) (0.07) Total from continuing operations $ 0.02 $ 0.07 $ 0.10 $ 0.15 Total from discontinued operations $ 0.05 $ — $ 0.05 $ — Total $ 0.07 $ 0.07 $ 0.15 $ 0.15 Distributed earnings $ 3,556 $ 201 $ 7,114 $ 401 Undistributed losses (1,319) (75) (2,276) (128) Total from continuing operations $ 495 $ 126 $ 2,962 $ 273 Total from discontinued operations $ 1,742 $ — $ 1,876 $ — Net earnings attributable to common stockholders $ 2,237 $ 126 $ 4,838 $ 273 Basic weighted average common shares outstanding 32,249 1,822 32,291 1,822
Schedule of Diluted Earnings Per Share for Class A Common Shares Using If-Converted Method	Diluted EPS for Class A Common Shares Using the If-Converted Method Three Months Ended October 31, 2024 Undistributed Class A EPS* Per Basic $ (1,986) 33,021 $ (0.06) Common Stock Equivalents — 16 — (1,986) 33,037 (0.06) Class B Common Share Conversion* (32) 534 — Diluted EPS for Class A Common Shares $ (2,018) 33,571 $ (0.06) Six Months Ended October 31, 2024 Undistributed Class A EPS* Per Basic $ 33 32,241 $ — Common Stock Equivalents — 19 — 33 32,260 $ — Class B Common Share Conversion 2 1,179 — Diluted EPS for Class A Common Shares $ 35 $ 33,439 $ — Three Months Ended October 31, 2023 Undistributed Class A EPS* Per Basic $ 2,237 32,249 $ 0.07 Common Stock Equivalents — 23 — 2,237 32,272 0.07 Class B Common Share Conversion 126 1,822 — Diluted EPS for Class A Common Shares $ 2,363 34,094 $ 0.07 Six Months Ended October 31, 2023 Undistributed Class A EPS* Per Basic $ 4,838 32,291 $ 0.15 Common Stock Equivalents — 14 — 4,838 32,305 $ 0.15 Class B Common Share Conversion 273 1,822 — Diluted EPS for Class A Common Shares $ 5,111 34,127 $ 0.15
Schedule of Diluted Earnings Per Share for Class B Common Shares Using Two-Class Method	Diluted EPS for Class B Common Shares Using the Two-Class Method Three Months Ended October 31, 2024 Undistributed Class B EPS* Per Basic $ (32) 534 $ (0.06) Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ (32) 534 $ (0.06) Six Months Ended October 31, 2024 Undistributed Class B EPS* Per Basic $ 2 1,179 $ — Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — Diluted EPS for Class B Common Shares $ 2 1,179 $ — Three Months Ended October 31, 2023 Undistributed Class B EPS* Per Basic $ 126 1,822 $ 0.07 Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares 1 — — Diluted EPS for Class B Common Shares $ 127 1,822 $ 0.07 Six Months Ended October 31, 2023 Undistributed Class B EPS* Per Basic $ 273 1,822 $ 0.15 Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares — — — Diluted EPS for Class B Common Shares $ 273 1,822 $ 0.15 ____________ *Amounts adjusted for rounding

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Oct. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following allocation of the total purchase price reflects the fair value of the assets acquired and liabilities assumed as of September 5, 2023 (in thousands): Useful Life Cash 67 Accounts receivable, net 352 Current assets 47 Property and equipment, net 27 Goodwill 16,224 Non-compete 2,000 3 years Current technology 9,000 5 years Total assets acquired 27,717 Current liabilities (617) Long-term liabilities (1,992) Total liabilities assumed $ (2,609) Net assets acquired $ 25,108

Divestitures (Tables)

Divestitures (Tables)	6 Months Ended
	Oct. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations	The following is selected financial information included in Earnings from discontinued operations for TPM: Three Months Ended Six Months Ended 2024 2023 2024 2023 Revenue $ — $ 1,666 $ — $ 4,932 Cost of revenue — 1,411 — 3,959 Total operating expenses $ — $ 176 $ — $ 718 Gain on disposal of discontinued operations — 2,124 — 2,124 Earnings before income taxes $ — $ 2,203 $ — $ 2,379 Income tax expense — 461 — 503 Earnings from discontinued operations, net of taxes $ — $ 1,742 $ — $ 1,876

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Arrangement, Nonemployee Director Award Plan, Activity	In addition, stock option grants for employees and contractors for Class A common shares were issued, as follows: Six Months Ended October 31, 2024 2023 Awards granted: Options 1,311,000 1,460,000 RSUs 83,587 95,411 Total awards granted 1,394,587 1,555,411

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of 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, 2024 and April 30, 2024, and indicate the fair value hierarchy of the valuation techniques we used to determine such fair value (in thousands): October 31, 2024 Quoted Prices Significant Significant Balance Cash equivalents $ 40,454 $ — $ — $ 40,454 U.S. Treasury securities 39,631 — — 39,631 Total $ 80,085 $ — $ — $ 80,085 April 30, 2024 Quoted Prices Significant Significant Balance Cash equivalents $ 53,521 $ — $ — $ 53,521 U.S. Treasury securities 24,261 — — 24,261 Total $ 77,782 $ — $ — $ 77,782

Industry Segments (Tables)

Industry Segments (Tables)	6 Months Ended
	Oct. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Operating Profit or Loss	The following table sets forth certain financial information from continuing operations attributable to the Company's business segments for the three and six months ended October 31, 2024 and 2023 (in thousands): Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Revenue: Supply Chain Management $ 24,507 $ 24,828 $ 49,876 $ 49,798 Other 779 862 1,602 1,793 $ 25,286 $ 25,690 $ 51,478 $ 51,591 Operating income (loss): Supply Chain Management $ 6,143 $ 5,597 $ 12,731 $ 11,768 Other (5,107) (4,368) (9,851) (9,147) $ 1,036 $ 1,229 $ 2,880 $ 2,621 Capital expenditures: Supply Chain Management $ 20 $ 37 $ 27 $ 387 Other 124 19 253 134 $ 144 $ 56 $ 280 $ 521 Depreciation and amortization: Supply Chain Management $ 999 $ 1,102 $ 2,019 $ 1,653 Other 167 175 336 354 $ 1,167 $ 1,277 $ 2,354 $ 2,007 Earnings (loss) before income taxes: Supply Chain Management $ 6,720 $ 5,617 $ 13,835 $ 12,034 Other (4,504) (4,965) (8,641) (8,104) $ 2,216 $ 652 $ 5,194 $ 3,930

Presentation and Summary of S_3

Presentation and Summary of Significant Accounting Policies - Additional Information (Details) $ in Millions			1 Months Ended
	Aug. 20, 2024 shares	Sep. 18, 2023 USD ($)	Sep. 30, 2023 USD ($)	Oct. 31, 2024	Apr. 30, 2024
Schedule of Equity Method Investments [Line Items]
Conversion of B Shares to Common Stock (in shares) | shares	2,185,904
Share conversion ratio	1.2			1.2	1.2
Discontinued Operations, Disposed of by Sale | TPM
Schedule of Equity Method Investments [Line Items]
Equity interest (in percent)		1	1
Proceeds from sale of equity method investments | $		$ 2.1	$ 2.1

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024
Revenue Recognition [Line Items]
Deferred revenue recognized			$ 33,500,000
Remaining performance obligations	$ 120,000,000		120,000,000
Deferred commissions	2,000,000		2,000,000		$ 2,500,000
Amortization of sales commissions	400,000	$ 400,000	800,000	$ 800,000
Impairment loss	$ 0	$ 0	$ 0	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-11-01
Revenue Recognition [Line Items]
Remaining revenue to be recognized	52%		52%
Revenue recognition in next twelve months	12 months		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-11-01
Revenue Recognition [Line Items]
Revenue recognition in next twelve months
Minimum
Revenue Recognition [Line Items]
Contractual period of maintenance contract			1 year
Maximum
Revenue Recognition [Line Items]
Contractual period of maintenance contract			3 years

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Contract Balances:
Deferred revenue	$ 38,057	$ 47,621

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Revenues:
Revenues	$ 25,286	$ 25,690	$ 51,478	$ 51,591
Domestic
Revenues:
Revenues	19,792	20,058	40,284	40,606
International
Revenues:
Revenues	$ 5,494	$ 5,632	$ 11,194	$ 10,985

Declaration of Dividend Payab_2

Declaration of Dividend Payable (Details) - $ / shares	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Dividends [Abstract]
Cash dividends declared per common share (in usd per share)	$ 0.11	$ 0.11	$ 0.22	$ 0.22

(Loss) Earnings Per Common Sh_3

(Loss) Earnings Per Common Share - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share [Line Items]
Earnings per share, undistributed, threshold for even allocation (in dollars per share)	$ 0.05		$ 0.05
Stock conversion, consideration transferred in excess of cost basis	$ 3.8
Options to purchase outstanding (in shares)	6,931,800	6,569,004	6,931,800	6,569,004
Options
Earnings Per Share [Line Items]
Options to purchase excluded (in shares)	6,769,980	6,282,441	6,540,904	6,041,068
RSUs
Earnings Per Share [Line Items]
Options to purchase excluded (in shares)	83,587		83,587
RSUs
Earnings Per Share [Line Items]
Non-option equity instruments outstanding (in shares)	83,587	95,411	83,587	95,411

(Loss) Earnings Per Common Sh_4

(Loss) Earnings Per Common Share - Basic (Loss) Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total from continuing operations (in usd per share)	[1]	$ 0.05	$ 0.02	$ 0.11	$ 0.10
Total from discontinued operations (in usd per share)	[1]	0	0.05	0	0.05
Total (in usd per share)	[1]	$ (0.06)	$ 0.07	$ 0	$ 0.15
Consideration transferred in excess of Class B shares cost basis pursuant to the Reclassification Agreement		$ (3,800)
Net (loss) earnings attributable to common stockholders		$ (2,018)	$ 2,363	$ 35	$ 5,111
Basic weighted average common shares outstanding (in shares)		33,555	34,071	33,420	34,113
Class A Common Shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Distributed earnings (in usd per share)		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Undistributed losses (in usd per share)		(0.17)	(0.04)	(0.22)	(0.07)
Total from continuing operations (in usd per share)			0.02		0.10
Total from discontinued operations (in usd per share)			0.05		0.05
Total (in usd per share)		$ (0.06)	$ 0.07	$ 0	$ 0.15
Distributed earnings		$ 3,646	$ 3,556	$ 7,107	$ 7,114
Undistributed (loss)		(1,936)	(1,319)	(3,450)	(2,276)
Total		1,710		3,657
Consideration transferred in excess of Class B shares cost basis pursuant to the Reclassification Agreement		(3,696)		(3,624)
Total from continuing operations			495		2,962
Total from discontinued operations			1,742		1,876
Net (loss) earnings attributable to common stockholders		$ (1,986)	$ 2,237	$ 33	$ 4,838
Basic weighted average common shares outstanding (in shares)		33,021	32,249	32,241	32,291
Class B Common Shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Distributed earnings (in usd per share)		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Undistributed losses (in usd per share)		(0.17)	(0.04)	(0.22)	(0.07)
Total from continuing operations (in usd per share)			0.07		0.15
Total from discontinued operations (in usd per share)			0		0
Total (in usd per share)		$ (0.06)	$ 0.07	$ 0	$ 0.15
Distributed earnings		$ 59	$ 201	$ 260	$ 401
Undistributed (loss)		(31)	(75)	(126)	(128)
Total		28		134
Consideration transferred in excess of Class B shares cost basis pursuant to the Reclassification Agreement		(60)		(132)
Total from continuing operations			126		273
Total from discontinued operations			0		0
Net (loss) earnings attributable to common stockholders		$ (32)	$ 126	$ 2	$ 273
Basic weighted average common shares outstanding (in shares)		534	1,822	1,179	1,822
[1] Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Common Stock is shown above. Diluted earnings per share for Class B shares under the two-class method are $(0.06) and $0.07 for the three months ended October 31, 2024 and 2023, and $0.00 and $0.15 for the six months ended October 31, 2024 and 2023. See Note D to the condensed consolidated financial statements.

(Loss) Earnings Per Common Sh_5

(Loss) Earnings Per Common Share - Diluted Earnings per Share for Class A Common Shares Using If-Converted Method (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed and distributed earnings		$ (2,018)	$ 2,363	$ 35	$ 5,111
Basic weighted average common shares outstanding (in shares)		33,555	34,071	33,420	34,113
Class A common shares diluted (in shares)		33,571	34,094	33,439	34,127
Basic EPS (in usd per share)	[1]	$ (0.06)	$ 0.07	$ 0	$ 0.15
Class A Common Shares
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed and distributed earnings		$ (1,986)	$ 2,237	$ 33	$ 4,838
Undistributed and distributed earnings, class B conversion		(32)	126	2	273
Diluted EPS, Net earnings		$ (2,018)	$ 2,363	$ 35	$ 5,111
Basic weighted average common shares outstanding (in shares)		33,021	32,249	32,241	32,291
Common stock equivalents (in shares)		16	23	19	14
Weighted average shares including common stock equivalents, diluted (in shares)		33,037	32,272	32,260	32,305
Class B common share conversion (in shares)		534	1,822	1,179	1,822
Class A common shares diluted (in shares)		33,571	34,094	33,439	34,127
Basic EPS (in usd per share)		$ (0.06)	$ 0.07	$ 0	$ 0.15
Diluted EPS (in usd per share)	[1]	$ (0.06)	$ 0.07	$ 0	$ 0.15
[1] Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Common Stock is shown above. Diluted earnings per share for Class B shares under the two-class method are $(0.06) and $0.07 for the three months ended October 31, 2024 and 2023, and $0.00 and $0.15 for the six months ended October 31, 2024 and 2023. See Note D to the condensed consolidated financial statements.

(Loss) Earnings Per Common Sh_6

(Loss) Earnings Per Common Share - Diluted Earnings per Share for Class B Common Shares Using Two-Class Method (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed and distributed earnings		$ (2,018)	$ 2,363	$ 35	$ 5,111
Basic weighted average common shares outstanding (in shares)		33,555	34,071	33,420	34,113
Diluted EPS for class B common shares (in shares)		33,571	34,094	33,439	34,127
Basic EPS (in usd per share)	[1]	$ (0.06)	$ 0.07	$ 0	$ 0.15
Class B Common Shares
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Undistributed and distributed earnings		$ (32)	$ 126	$ 2	$ 273
Reallocation of undistributed earnings/losses from Class A Common Shares to Class B Common Shares		0	1	0	0
Diluted EPS, Net earnings		$ (32)	$ 127	$ 2	$ 273
Basic weighted average common shares outstanding (in shares)		534	1,822	1,179	1,822
Diluted EPS for class B common shares (in shares)		534	1,822	1,179	1,822
Basic EPS (in usd per share)		$ (0.06)	$ 0.07	$ 0	$ 0.15
Diluted EPS (in usd per share)		$ (0.06)	$ 0.07	$ 0	$ 0.15
[1] Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Common Stock is shown above. Diluted earnings per share for Class B shares under the two-class method are $(0.06) and $0.07 for the three months ended October 31, 2024 and 2023, and $0.00 and $0.15 for the six months ended October 31, 2024 and 2023. See Note D to the condensed consolidated financial statements.

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Sep. 05, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024
Business Acquisition [Line Items]
Purchase of business, net of cash acquired				$ 0	$ 25,032
Goodwill		$ 45,782		45,782		$ 45,782
Garvis
Business Acquisition [Line Items]
Issued and outstanding shares acquired (in percent)	100%
Purchase of business, net of cash acquired	$ 25,000
Business acquisition costs incurred		$ 0	$ 337	$ 0	$ 337
Goodwill	$ 16,224

Acquisitions - Allocation of To

Acquisitions - Allocation of Total Purchase Price (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024	Sep. 05, 2023
Business Acquisition [Line Items]
Goodwill	$ 45,782	$ 45,782
Garvis
Business Acquisition [Line Items]
Cash			$ 67
Accounts receivable, net			352
Current assets			47
Property and equipment, net			27
Goodwill			16,224
Total assets acquired			27,717
Current liabilities			(617)
Long-term liabilities			(1,992)
Total liabilities assumed			(2,609)
Net assets acquired			25,108
Garvis | Non-compete
Business Acquisition [Line Items]
Intangible assets			$ 2,000
Useful Life			3 years
Garvis | Current technology
Business Acquisition [Line Items]
Intangible assets			$ 9,000
Useful Life			5 years

Divestitures - Additional Infor

Divestitures - Additional Information (Details) - Discontinued Operations, Disposed of by Sale - TPM $ in Thousands		1 Months Ended
	Sep. 18, 2023 USD ($)	Sep. 30, 2023 USD ($)	Oct. 31, 2024 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity interest (in percent)	1	1
Proceeds from sale of equity method investments	$ 2,100	$ 2,100
Escrow deposit			$ 200
Equal increments for release of escrow deposit not subject to then outstanding indemnification claims			$ 100

Divestitures - Earning from Dis

Divestitures - Earning from Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on disposal of discontinued operations	$ 0	$ 2,124	$ 0	$ 2,124
Income tax expense	0	461	0	503
Earnings from discontinued operations, net of income taxes	0	1,742	0	1,876
Discontinued Operations, Disposed of by Sale | TPM
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	0	1,666	0	4,932
Cost of revenue	0	1,411	0	3,959
Total operating expenses	0	176	0	718
Gain on disposal of discontinued operations	0	2,124	0	2,124
Earnings before income taxes	0	2,203	0	2,379
Income tax expense	0	461	0	503
Earnings from discontinued operations, net of income taxes	$ 0	$ 1,742	$ 0	$ 1,876

Stock-Based Compensation- Share

Stock-Based Compensation- Share-Based Payment Arrangement, Nonemployee Director Award Plan, Activity (Details) - shares	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total awards granted (in shares)	1,394,587	1,555,411
Options
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total awards granted (in shares)	1,311,000	1,460,000
RSUs
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total awards granted (in shares)	83,587	95,411

Stock-Based Compensation- Addit

Stock-Based Compensation- Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options exercised (in shares)			0	22,253
Total intrinsic value of options exercised			$ 0	$ 40
Unrecognized compensation cost related to unvested stock option	$ 14,200		14,200
Unrecognized compensation cost related to unvested RSU	400		$ 400
Weighted average period for unrecognized compensation cost			1 year 8 months 12 days
Options
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense	1,400	$ 1,300	$ 2,600	2,700
Income tax expense	138	0	556	0
RSUs
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense	$ 200	$ 300	$ 600	$ 400
Stock options vesting RSU (in Shares)			95,613	0
Total intrinsic value of RSU			$ 1,100	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Apr. 30, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 40,454	$ 53,521
Total	80,085	77,782
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
U.S. Treasury securities	39,631	24,261
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	40,454	53,521
Total	80,085	77,782
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
U.S. Treasury securities	39,631	24,261
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Total	0	0
Significant Other Observable Inputs (Level 2) | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
U.S. Treasury securities	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Total	0	0
Significant Unobservable Inputs (Level 3) | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
U.S. Treasury securities	$ 0	$ 0

Stock Repurchases (Details)

Stock Repurchases (Details) - USD ($)	3 Months Ended	6 Months Ended		26 Months Ended
	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Aug. 19, 2002
Equity, Class of Treasury Stock [Line Items]
Purchases of common stock	$ 4,814,000		$ 4,814,000
Class A Common Shares | All Share Repurchase Plans
Equity, Class of Treasury Stock [Line Items]
Common stock shares repurchased (in shares)				5,534,953
Purchases of common stock				$ 35,800,000
Class A Common Shares | Shares Stock Repurchase Plan, August 19, 2002
Equity, Class of Treasury Stock [Line Items]
Approved number of shares to be repurchased (in shares)					2,000,000
Common stock shares repurchased (in shares)				2,000,000
Purchases of common stock		$ 0		$ 16,400,000

Industry Segments - Additional

Industry Segments - Additional Information (Details)	6 Months Ended
	Oct. 31, 2024 segment supplyChain
Segment Reporting [Abstract]
Number of major operating segments | segment	2
Number of supply chain process areas | supplyChain	7

Industry Segments - Segment Inf

Industry Segments - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Segment Reporting Information [Line Items]
Revenue	$ 25,286	$ 25,690	$ 51,478	$ 51,591
Operating income (loss)	1,036	1,229	2,880	2,621
Capital expenditures	144	56	280	521
Depreciation and amortization	1,167	1,277	2,354	2,007
Earnings (loss) before income taxes	2,216	652	5,194	3,930
Supply Chain Management
Segment Reporting Information [Line Items]
Revenue	24,507	24,828	49,876	49,798
Operating income (loss)	6,143	5,597	12,731	11,768
Capital expenditures	20	37	27	387
Depreciation and amortization	999	1,102	2,019	1,653
Earnings (loss) before income taxes	6,720	5,617	13,835	12,034
Other
Segment Reporting Information [Line Items]
Revenue	779	862	1,602	1,793
Operating income (loss)	(5,107)	(4,368)	(9,851)	(9,147)
Capital expenditures	124	19	253	134
Depreciation and amortization	167	175	336	354
Earnings (loss) before income taxes	$ (4,504)	$ (4,965)	$ (8,641)	$ (8,104)

Major Clients (Details)

Major Clients (Details)	6 Months Ended
	Oct. 31, 2024
Customer Concentration Risk | Accounts Receivable | Client One
Segment Reporting Information [Line Items]
Concentration risk, percentage	14%

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended		6 Months Ended
	Nov. 20, 2024	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Subsequent Event [Line Items]
Cash dividends declared per common share (in usd per share)		$ 0.11	$ 0.11	$ 0.22	$ 0.22
Subsequent Event
Subsequent Event [Line Items]
Cash dividends declared per common share (in usd per share)	$ 0.11