America's Car-Mart (CRMT) 10-Q 8 Dec 14 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Oct. 31, 2014	Dec. 03, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'AMERICAS CARMART INC	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--04-30	'
Entity Common Stock, Shares Outstanding	'	8,622,720
Amendment Flag	'false	'
Entity Central Index Key	'0000799850	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Oct-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q2	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Oct. 31, 2014	Apr. 30, 2014
In Thousands, unless otherwise specified
Assets:	'	'
Cash and cash equivalents	$257	$289
Accrued interest on finance receivables	1,827	1,830
Finance receivables, net	319,040	293,299
Inventory	32,450	30,115
Prepaid expenses and other assets	3,756	3,496
Goodwill	355	355
Property and equipment, net	33,889	33,913
Total Assets	391,574	363,297
Liabilities:	'	'
Accounts payable	11,128	8,542
Accrued liabilities	11,523	10,824
Income taxes payable, net	1,302	782
Deferred income tax liabilities, net	17,646	15,244
Revolving credit facilities	106,497	97,032
Total liabilities	171,107	149,891
Commitments and contingencies (Note J)	'	'
Mezzanine equity:	'	'
Mandatorily redeemable preferred stock	400	400
Equity:	'	'
Preferred stock, par value $.01 per share, 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock, par value $.01 per share, 50,000,000 shares authorized; 12,543,895 and 12,452,809 issued at October 31, 2014 and April 30, 2014, respectively, of which 8,571,720 and 8,735,842 were outstanding at October 31, 2014 and April 30, 2014, respectively	125	125
Additional paid-in capital	58,313	55,734
Retained earnings	279,107	264,348
Less: Treasury stock, at cost, 3,972,175 and 3,716,967 shares at October 31, 2014 and April 30, 2014, respectively	-117,578	-107,301
Total stockholders' equity	219,967	212,906
Non-controlling interest	100	100
Total equity	220,067	213,006
Total Liabilities, Mezzanine Equity and Equity	391,574	363,297
Payment Protection Plan [Member]	'	'
Liabilities:	'	'
Deferred revenue	14,376	13,233
Service Contract [Member]	'	'
Liabilities:	'	'
Deferred revenue	$8,635	$4,234

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Preferred stock, par value (in Dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	12,543,895	12,452,809
Common stock, shares outstanding	8,571,720	8,735,842
Treasury stock, shares	3,972,175	3,716,967

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Revenues:	'	'	'	'
Sales	$119,435	$107,765	$232,894	$216,914
Interest and other income	14,399	13,666	28,316	27,061
Total revenue	133,834	121,431	261,210	243,975
Costs and expenses:	'	'	'	'
Cost of sales, excluding depreciation shown below	68,156	62,823	133,627	125,445
Selling, general and administrative	20,655	19,581	41,475	39,395
Provision for credit losses	31,371	28,296	59,247	54,826
Interest expense	721	722	1,396	1,512
Depreciation and amortization	929	795	1,847	1,572
(Gain) loss on disposal of property and equipment	20	-2	20	39
Total costs and expenses	121,852	112,215	237,612	222,789
Income before taxes	11,982	9,216	23,598	21,186
Provision for income taxes	4,463	3,411	8,819	7,840
Net income	7,519	5,805	14,779	13,346
Less: Dividends on mandatorily redeemable preferred stock	-10	-10	-20	-20
Net income attributable to common stockholders	$7,509	$5,795	$14,759	$13,326
Earnings per share:	'	'	'	'
Basic (in Dollars per share)	$0.87	$0.64	$1.70	$1.48
Diluted (in Dollars per share)	$0.83	$0.61	$1.62	$1.40
Weighted average number of shares outstanding:	'	'	'	'
Basic (in Shares)	8,604,003	9,016,820	8,660,173	9,018,524
Diluted (in Shares)	9,022,437	9,484,654	9,082,750	9,488,753

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Net income	$14,779,000	$13,346,000
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Provision for credit losses	59,247,000	54,826,000
Losses on claims for payment protection plan	4,764,000	4,060,000
Depreciation and amortization	1,847,000	1,572,000
Amortization of debt issuance costs	93,000	118,000
Loss on disposal of property and equipment	20,000	39,000
Stock based compensation	412,000	890,000
Deferred income taxes	2,402,000	543,000
Change in operating assets and liabilities:	'	'
Finance receivable originations	-222,024,000	-203,688,000
Finance receivable collections	111,000,000	102,986,000
Accrued interest on finance receivables	3,000	-161,000
Inventory	18,937,000	24,375,000
Prepaid expenses and other assets	-353,000	-455,000
Accounts payable and accrued liabilities	3,362,000	-633,000
Income taxes, net	1,064,000	2,188,000
Excess tax benefit from share based compensation	-544,000	-14,000
Net cash provided by operating activities	553,000	1,170,000
Investing Activities:	'	'
Purchase of property and equipment	-1,863,000	-3,979,000
Proceeds from sale of property and equipment	20,000	2,000
Net cash used in investing activities	-1,843,000	-3,977,000
Financing Activities:	'	'
Exercise of stock options and warrants	1,545,000	105,000
Excess tax benefit from share based compensation	544,000	14,000
Issuance of common stock	78,000	79,000
Purchase of common stock	-10,277,000	-531,000
Dividend payments	-20,000	-20,000
Debt issuance costs	-250,000	-200,000
Change in cash overdrafts	-77,000	1,142,000
Proceeds from revolving credit facilities	178,690,000	151,577,000
Payments on revolving credit facilities	-168,975,000	-149,290,000
Net cash provided by financing activities	1,258,000	2,876,000
(Decrease) increase in cash and cash equivalents	-32,000	69,000
Cash and cash equivalents, beginning of period	289,000	272,000
Cash and cash equivalents, end of period	257,000	341,000
Payment Protection Plan [Member]	'	'
Change in operating assets and liabilities:	'	'
Increase (Decrease) in Deferred Revenue	1,143,000	544,000
Service Contract [Member]	'	'
Change in operating assets and liabilities:	'	'
Increase (Decrease) in Deferred Revenue	$4,401,000	$634,000

Note_A_Organization_and_Busine

Note A - Organization and Business	6 Months Ended
	Oct. 31, 2014
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	A – Organization and Business
	America’s Car-Mart, Inc., a Texas corporation (the “Company”), is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market.  References to the Company typically include the Company’s consolidated subsidiaries.  The Company’s operations are principally conducted through its two operating subsidiaries, America’s Car Mart, Inc., an Arkansas corporation (“Car-Mart of Arkansas”), and Colonial Auto Finance, Inc., an Arkansas corporation (“Colonial”).  Collectively, Car-Mart of Arkansas and Colonial are referred to herein as “Car-Mart.”  The Company primarily sells older model used vehicles and provides financing for substantially all of its customers. Many of the Company’s customers have limited financial resources and would not qualify for conventional financing as a result of limited credit histories or past credit problems.  As of October 31, 2014, the Company operated 136 dealerships located primarily in small cities throughout the South-Central United States.

Note_B_Summary_of_Significant_

Note B - Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	B – Summary of Significant Accounting Policies
	General
	The accompanying condensed consolidated balance sheet as of April 30, 2014, which has been derived from audited financial statements, and the unaudited interim condensed financial statements as of October 31, 2014 and 2013, have been prepared in accordance with generally accepted accounting principles for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements.  In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six months ended October 31, 2014 are not necessarily indicative of the results that may be expected for the year ending April 30, 2015.  For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s annual report on Form 10-K for the year ended April 30, 2014.
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company and its subsidiaries.  All intercompany accounts and transactions have been eliminated.
	Segment Information
	Each dealership is an operating segment with its results regularly reviewed by the Company’s chief operating decision maker in an effort to make decisions about resources to be allocated to the segment and to assess its performance. Individual dealerships meet the aggregation criteria under the current accounting guidance.  The Company operates in the Integrated Auto Sales and Finance segment of the used car market.  In this industry, the nature of the sale and the financing of the transaction, financing processes, the type of customer and the methods used to distribute the Company’s products and services, including the actual servicing of the contracts as well as the regulatory environment in which the Company operates, all have similar characteristics.  Each of our individual dealerships is similar in nature and only engages in the selling and financing of used vehicles.  All individual dealerships have similar operating characteristics.  As such, individual dealerships have been aggregated into one reportable segment.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.  Significant estimates include, but are not limited to, the Company’s allowance for credit losses.
	Concentration of Risk
	The Company provides financing in connection with the sale of substantially all of its vehicles.  These sales are made primarily to customers residing in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee, and Texas, with approximately 32% of revenues resulting from sales to Arkansas customers.  Periodically, the Company maintains cash in financial institutions in excess of the amounts insured by the federal government.  The Company’s revolving credit facilities mature in October 2017.  The Company expects that these credit facilities will be renewed or refinanced on or before the scheduled maturity dates.
	Restrictions on Distributions/Dividends
	The Company’s revolving credit facilities generally limit distributions by the Company to its shareholders in order to repurchase the Company’s common stock.  The distribution limitations under the Credit Facilities allow the Company to repurchase the Company’s stock so long as: either (a) the aggregate amount of such repurchases does not exceed $40 million beginning October 8, 2014 and the sum of borrowing bases combined minus the principal balances of all revolver loans after giving effect to such repurchases is equal to or greater than 30% of the sum of the borrowing bases, or (b) the aggregate amount of such repurchases does not exceed 75% of the consolidated net income of the Company measured on a trailing twelve month basis; provided that immediately before and after giving effect to the stock repurchases, at least 12.5% of the aggregate funds committed under the credit facilities remain available.  Thus, the Company is limited in the amount of dividends or other distributions it can make to its shareholders without the consent of the Company’s lenders.
	Cash Equivalents
	The Company considers all highly liquid debt instruments purchased with original maturities of three months or less to be cash equivalents.
	Finance Receivables, Repossessions and Charge-offs and Allowance for Credit Losses
	The Company originates installment sale contracts from the sale of used vehicles at its dealerships.  These installment sale contracts typically carry interest rates ranging from 11% to 19% using the simple effective interest method including any deferred fees. Contract origination costs are not significant.  The installment sale contracts are not pre-computed contracts whereby borrowers are obligated to pay back principal plus the full amount of interest that will accrue over the entire term of the contract.  Finance receivables are collateralized by vehicles sold and consist of contractually scheduled payments from installment contracts net of unearned finance charges and an allowance for credit losses.  Unearned finance charges represent the balance of interest receivable to be earned over the entire term of the related installment contract, less the earned amount ($1.8 million at October 31, 2014 and at April 30, 2014), and as such, has been reflected as a reduction to the gross contract amount in arriving at the principal balance in finance receivables. An account is considered delinquent when a contractually scheduled payment has not been received by the scheduled payment date.  While the Company does not formally place contracts on nonaccrual status, the immaterial amount of interest that may accrue after an account becomes delinquent up until the point of resolution via repossession or write-off, is reserved for against the accrued interest on the Consolidated Balance Sheets. Delinquent contracts are addressed and either made current by the customer, which is the case in most situations, or the vehicle is repossessed or written off if the collateral cannot be recovered quickly. Customer payments are set to match their pay-day with approximately 75% of payments due on either a weekly or bi-weekly basis. The frequency of the payment due dates combined with the declining value of collateral lead to prompt resolutions on problem accounts.  Accounts are delinquent when the customer is one day or more behind on their contractual payments.  At October 31, 2014, 4.4% of the Company’s finance receivable balances were 30 days or more past due compared to 4.7% at October 31, 2013.
	Substantially all of the Company’s automobile contracts involve contracts made to individuals with impaired or limited credit histories, or higher debt-to-income ratios than permitted by traditional lenders.  Contracts made with buyers who are restricted in their ability to obtain financing from traditional lenders generally entail a higher risk of delinquency, default and repossession, and higher losses than contracts made with buyers with better credit.
	The Company strives to keep its delinquency percentages low, and not to repossess vehicles.  Accounts two days late are sent a notice in the mail.  Accounts three days late are contacted by telephone.  Notes from each telephone contact are electronically maintained in the Company’s computer system.  If a customer becomes severely delinquent in his or her payments, and management determines that timely collection of future payments is not probable, the Company will take steps to repossess the vehicle.  The Company attempts to resolve payment delinquencies amicably prior to repossessing a vehicle.  Periodically, the Company enters into contract modifications with its customers to extend the payment terms.  The Company only enters into a contract modification or extension if it believes such action will increase the amount of monies the Company will ultimately realize on the customer’s account and that the customer will be more likely to succeed in meeting their contractual obligations. At the time of modification, the Company expects to collect amounts due including accrued interest at the contractual interest rate for the period of delay. Other than the extension of additional time, concessions are not granted to customers at the time of modifications. Modifications are minor and are made for pay-day changes, minor vehicle repairs and other reasons.  For those vehicles that are repossessed, the majority are returned or surrendered by the customer on a voluntary basis.  Other repossessions are performed by Company personnel or third party repossession agents.  Depending on the condition of a repossessed vehicle, it is either resold on a retail basis through a Company dealership, or sold for cash on a wholesale basis primarily through physical and on-line auctions.
	The Company takes steps to repossess a vehicle when the customer becomes delinquent in his or her payments and management determines that timely collection of future payments is not probable.  Accounts are charged-off after the expiration of a statutory notice period for repossessed accounts, or when management determines that the timely collection of future payments is not probable for accounts where the Company has been unable to repossess the vehicle.  For accounts with respect to which the vehicle was repossessed, the fair value of the repossessed vehicle is charged as a reduction of the gross finance receivable balance charged-off.  On average, accounts are approximately 68 days past due at the time of charge-off.  For previously charged-off accounts that are subsequently recovered, the amount of such recovery is credited to the allowance for credit losses.
	The Company maintains an allowance for credit losses on an aggregate basis, as opposed to a contract-by-contract basis, at an amount it considers sufficient to cover estimated losses inherent in the portfolio at the balance sheet date in the collection of its finance receivables currently outstanding. The Company accrues an estimated loss as it is probable that the entire amount will not be collected and the amount of the loss can be reasonably estimated in the aggregate.  The allowance for credit losses is based primarily upon historical credit loss experience, with consideration given to recent credit loss trends and changes in contract characteristics (i.e., average amount financed and term), delinquency levels, collateral values, economic conditions and underwriting and collection practices.  The allowance for credit losses is periodically reviewed by management with any changes reflected in current operations.  Although it is at least reasonably possible that events or circumstances could occur in the future that are not presently foreseen which could cause actual credit losses to be materially different from the recorded allowance for credit losses, the Company believes that it has given appropriate consideration to all relevant factors and has made reasonable assumptions in determining the allowance for credit losses.  The calculation of the allowance for credit losses uses the following primary factors:
	·   The number of units repossessed or charged-off as a percentage of total units financed over specific historical periods of time from one year to five years.
	·   The average net repossession and charge-off loss per unit during the last eighteen months, segregated by the number of months since the contract origination date, and adjusted for the expected future average net charge-off loss per unit.  Approximately 50% of the charge-offs that will ultimately occur in the portfolio are expected to occur within 10-11 months following the balance sheet date.  The average age of an account at charge-off date is 11.4 months.
	·   The timing of repossession and charge-off losses relative to the date of sale (i.e., how long it takes for a repossession or charge-off to occur) for repossessions and charge-offs occurring during the last eighteen months.
	A point estimate is produced by this analysis which is then supplemented by any positive or negative subjective factors to arrive at an overall reserve amount that management considers to be a reasonable estimate of losses inherent in the portfolio at the balance sheet date that will be realized via actual charge-offs in the future. While challenging economic conditions can negatively impact credit losses, the effectiveness of the execution of internal policies and procedures within the collections area and the competitive environment on the lending side have historically had a more significant effect on collection results than macro-economic issues.  The allowance for credit losses at October 31, 2014 of $92.5 million was 23.8% of the principal balance in finance receivables of $411.5 million, less unearned payment protection plan revenue of $14.4 million and unearned service contract revenue of $8.6 million.  Previously the allowance as a percentage of finance receivable principal balance, net of deferred payment protection plan revenue was 23.5%, and did not include a reduction for the deferred service contract revenue.  This change did not have a material impact on net income or earnings per share and was not significant to any prior period.
	In most states, the Company offers retail customers who finance their vehicle the option of purchasing a payment protection plan product as an add-on to the installment sale contract.  This product contractually obligates the Company to cancel the remaining principal outstanding for any contract where the retail customer has totaled the vehicle, as defined, or the vehicle has been stolen.  The Company periodically evaluates anticipated losses to ensure that if anticipated losses exceed deferred payment protection plan revenues, an additional liability is recorded for such difference.  No such liability was required at October 31, 2014 or 2013.
	Inventory
	Inventory consists of used vehicles and is valued at the lower of cost or market on a specific identification basis.  Vehicle reconditioning costs are capitalized as a component of inventory.  Repossessed vehicles and trade-in vehicles are recorded at fair value, which approximates wholesale value.  The cost of used vehicles sold is determined using the specific identification method.
	Goodwill
	Goodwill reflects the excess of purchase price over the fair value of specifically identified net assets purchased.  Goodwill and intangible assets deemed to have indefinite lives are not amortized but are subject to annual impairment tests at the Company’s year-end. The impairment tests are based on the comparison of the fair value of the reporting unit to the carrying value of such unit. If the fair value of the reporting unit falls below its carrying value, the Company performs the second step of the two-step goodwill impairment process to determine the amount, if any, that the goodwill is impaired.  The second step involves determining the fair value of the identifiable assets and liabilities and the implied goodwill.  The implied goodwill is compared to the carrying value of the goodwill to determine the impairment, if any.  There was no impairment of goodwill during fiscal 2014, and to date, there has been none in fiscal 2015.
	Property and Equipment
	Property and equipment are stated at cost.  Expenditures for additions, renewals and improvements are capitalized.  Costs of repairs and maintenance are expensed as incurred.  Leasehold improvements are amortized over the shorter of the estimated life of the improvement or the lease period.  The lease period includes the primary lease term plus any extensions that are reasonably assured. Depreciation is computed principally using the straight-line method generally over the following estimated useful lives:
	Furniture, fixtures and equipment (years)	3	to	7
	Leasehold improvements (years)	5	to	15
	Buildings and improvements (years)	18	to	39
	Property and equipment are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable.  Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset.  If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying values of the impaired assets exceed the fair value of such assets.  Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
	Cash Overdraft
	As checks are presented for payment from the Company’s primary disbursement bank account, monies are automatically drawn against cash collections for the day and, if necessary, are drawn against one of its revolving credit facilities.  Any cash overdraft balance principally represents outstanding checks, net of any deposits in transit that as of the balance sheet date had not yet been presented for payment.  Any cash overdraft balance is reflected in accrued liabilities on the Company’s Condensed Consolidated Balance Sheets.
	Deferred Sales Tax
	Deferred sales tax represents a sales tax liability of the Company for vehicles sold on an installment basis in the states of Alabama and Texas.  Under Alabama and Texas law, for vehicles sold on an installment basis, the related sales tax is due as the payments are collected from the customer, rather than at the time of sale.  Deferred sales tax liabilities are reflected in accrued liabilities on the Company’s Condensed Consolidated Balance Sheets.
	Income Taxes
	Income taxes are accounted for under the liability method.  Under this method, deferred income tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities, and are measured using the enacted tax rates expected to apply in the years in which these temporary differences are expected to be recovered or settled. The quarterly provision for income taxes is determined using an estimated annual effective tax rate, which is based on expected annual taxable income, statutory tax rates and the Company’s best estimate of nontaxable and nondeductible items of income and expense.
	Occasionally, the Company is audited by taxing authorities.  These audits could result in proposed assessments of additional taxes. The Company believes that its tax positions comply in all material respects with applicable tax law.  However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from those of the Company, which could result in the imposition of additional taxes.
	The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit.  For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.  The Company applies this methodology to all tax positions for which the statute of limitations remains open.
	The Company is subject to income taxes in the U.S. federal jurisdiction and various state jurisdictions.  Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply.  With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for the years before fiscal 2012.
	The Company’s policy is to recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company had no accrued penalties or interest as of October 31, 2014 or April 30, 2014.
	Revenue Recognition
	Revenues are generated principally from the sale of used vehicles, which in most cases includes a service contract and a payment protection plan product, interest income and late fees earned on finance receivables.  Revenues are net of taxes collected from customers and remitted to government agencies.  Cost of vehicle sales include costs incurred by the Company to prepare the vehicle for sale including license and title costs, gasoline, transport services and repairs.
	Revenues from the sale of used vehicles are recognized when the sales contract is signed, the customer has taken possession of the vehicle and, if applicable, financing has been approved.  Revenues from the sale of service contracts are recognized ratably over the service contract period.  Service contract revenues are included in sales and the related expenses are included in cost of sales.  Payment protection plan revenues are initially deferred and then recognized to income using the “Rule of 78’s” interest method over the life of the contract so that revenues are recognized in proportion to the amount of cancellation protection provided.  Payment protection plan revenues are included in sales and related losses are included in cost of sales as incurred.  Interest income is recognized on all active finance receivable accounts using the simple effective interest method.  Active accounts include all accounts except those that have been paid-off or charged-off.
	Sales consist of the following:
			Three Months Ended				Six Months Ended
			October 31,				October 31,
	(In thousands)		2014		2013		2014		2013
	Sales – used autos		$	106,914	$	95,744	$	208,037	$	193,050
	Wholesales – third party			4,763		4,760		9,559		9,223
	Service contract sales			3,988		3,714		7,983		7,628
	Payment protection plan revenue			3,770		3,547		7,315		7,013
	Total		$	119,435	$	107,765	$	232,894	$	216,914
	Revenues from late fees were approximately $1.1 million for the six months ended October 31, 2014 and 2013. Late fees are recognized when collected and are reflected in interest and other income.  Finance receivables more than 90 days past due were approximately $2.0 million and $1.9 million at October 31, 2014 and 2013, respectively.
	Earnings per Share
	Basic earnings per share are computed by dividing net income attributable to common stockholders by the average number of common shares outstanding during the period.  Diluted earnings per share are computed by dividing net income attributable to common stockholders by the average number of common shares outstanding during the period plus dilutive common stock equivalents.  The calculation of diluted earnings per share takes into consideration the potentially dilutive effect of common stock equivalents, such as outstanding stock options and non-vested restricted stock, which if exercised or converted into common stock would then share in the earnings of the Company.  In computing diluted earnings per share, the Company utilizes the treasury stock method and anti-dilutive securities are excluded.
	Stock-Based Compensation
	The Company recognizes the cost of employee services received in exchange for awards of equity instruments, such as stock options and restricted stock, based on the fair value of those awards at the date of grant over the requisite service period.  The Company uses the Black Scholes option pricing model to determine the fair value of stock option awards.  The Company may issue either new shares or treasury shares upon exercise of these awards.  Stock-based compensation plans, related expenses and assumptions used in the Black Scholes option pricing model are more fully described in Note I.
Treasury Stock
The Company purchased 255,208 shares of its common stock for a total cost of $10.3 million during the first six months of fiscal 2015 and 12,620 shares for a total cost of $531,000 during the first six months of fiscal 2014.  Treasury stock may be used for issuances under the Company’s stock-based compensation plans or for other general corporate purposes.
Recent Accounting Pronouncements
Occasionally, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”) or other standard setting bodies which the Company adopts as of the specified effective date. Unless otherwise discussed, the Company believes the impact of recently issued standards which are not yet effective will not have a material impact on its consolidated financial statements upon adoption.
Revenue Recognition.
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes existing revenue recognition guidance.   The new guidance in ASU 2014-09 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for annual and interim periods beginning after December 15, 2016, using one of two retrospective application methods. The Company is currently evaluating the potential effects of the adoption of this update on the consolidated financial statements.
Reclassifications
The Company has made reclassifications to certain amounts in the accompanying Condensed Consolidated Balance Sheets for the years ended April 30, 2014 to reclassify deferred service contract revenue from accrued liabilities to deferred service contract revenue.  The reclassification did not have an impact on net income or earnings per share.

Note_C_Finance_Receivables

Note C - Finance Receivables	6 Months Ended
	Oct. 31, 2014
Receivables [Abstract]	'
Financing Receivables [Text Block]	'
	C – Finance Receivables
	The Company originates installment sale contracts from the sale of used vehicles at its dealerships.  These installment sale contracts typically include interest rates ranging from 11% to 19% per annum, are collateralized by the vehicle sold and typically provide for payments over periods ranging from 18 to 36 months.  The weighted average interest rate for the portfolio was approximately 14.9% at October 31, 2014.  The Company’s finance receivables are aggregated as one class of loans, which is sub-prime consumer automobile contracts.  The level of risks inherent in the Company’s financing receivables is managed as one homogeneous pool.  The components of finance receivables are as follows:
	(In thousands)	31-Oct-14			30-Apr-14
	Gross contract amount	$	467,526		$	432,327
	Less unearned finance charges		(56,026	)		(52,995	)
	Principal balance		411,500			379,332
	Less allowance for credit losses		(92,460	)		(86,033	)
	Finance receivables, net	$	319,040		$	293,299
	Changes in the finance receivables, net are as follows:
		Six Months Ended
		October 31,
	(In thousands)	2014			2013
	Balance at beginning of period	$	293,299		$	288,049
	Finance receivable originations		222,024			203,688
	Finance receivable collections		(111,000	)		(102,986	)
	Provision for credit losses		(59,247	)		(54,826	)
	Losses on claims for payment protection plan		(4,764	)		(4,060	)
	Inventory acquired in repossession and payment protection plan claims		(21,272	)		(21,765	)
	Balance at end of period	$	319,040		$	308,100
	Changes in the finance receivables allowance for credit losses are as follows:
		Six Months Ended
		October 31,
	(In thousands)	2014			2013
	Balance at beginning of period	$	86,033		$	75,345
	Provision for credit losses		59,247			54,826
	Charge-offs, net of recovered collateral		(52,820	)		(49,472	)
	Balance at end of period	$	92,460		$	80,699
	The factors which influenced management’s judgment in determining the amount of the additions to the allowance charged to provision for credit losses are described below:
	The level of actual charge-offs, net of recovered collateral, is the most important factor in determining the charges to the provision for credit losses. This is due to the fact that once a contract becomes delinquent the account is either made current by the customer, the vehicle is repossessed or the account is written off if the collateral cannot be recovered.  Net charge-offs as a percentage of average finance receivables increased to 13.4% for the six months ended October 31, 2014 compared to 13.1% for the same period in the prior year.  The increase in net charge-offs for the first six months of fiscal 2015 resulted primarily from the increased severity of losses resulting from lower wholesale values at repossession.  The increase in the provision is primarily the result of the increase in our provision percentage applied to the growth in finance receivables, net compared to the prior year percentage.
	Collections and delinquency levels can have a significant effect on additions to the allowance and are reviewed frequently.  Collections as a percentage of average finance receivables were 28.2% for the six months ended October 31, 2014 compared to 27.3% for the prior year period.  The increase in collections as a percentage of average finance receivables was primarily due to lower delinquencies and lower contract modifications, partially offset by the slightly longer overall contract term as compared to the first six months of the prior year.  Delinquencies greater than 30 days were 4.4% for October 31, 2014 and 4.7% at October 31, 2013.
	Macro-economic factors, the competitive environment, and more importantly, proper execution of operational policies and procedures can have a significant effect on additions to the allowance charged to the provision. Higher unemployment levels, higher gasoline prices and higher prices for staple items can potentially have a significant effect.  While the decreasing gas prices provided some relief to our customers during the second quarter of fiscal 2015, we believe our customers continue to be under significant pressure due to the persistent difficult macro-economic environment for the Company’s customer base.  We expect these conditions to continue in the near to mid-term future.  The Company continues to focus on operational improvements within the collections area such as credit reporting for customers and implementation of GPS units on vehicles sold.
	Credit quality information for finance receivables is as follows:
	(Dollars in thousands)	31-Oct-14						30-Apr-14					31-Oct-13
		Principal			Percent of			Principal		Percent of			Principal		Percent of
		Balance			Portfolio			Balance		Portfolio			Balance		Portfolio
	Current	$	341,555			83	%	$	300,478		79.21	%	$	313,006		80.5	%
	3 - 29 days past due		51,990			12.63	%		62,108		16.38	%		57,429		14.77	%
	30 - 60 days past due		12,002			2.92	%		10,926		2.88	%		12,008		3.09	%
	61 - 90 days past due		3,986			0.97	%		4,665		1.23	%		4,429		1.14	%
	> 90 days past due		1,967			0.48	%		1,155		0.3	%		1,927		0.5	%
	Total	$	411,500			100	%	$	379,332		100	%	$	388,799		100	%
	Accounts one and two days past due are considered current for this analysis, due to the varying payment dates and variation in the day of the week at each period end.  Delinquencies may vary from period to period based on the average age of the portfolio, seasonality within the calendar year, the day of the week and overall economic factors.  The above categories are consistent with internal operational measures used by the Company to monitor credit results.  The Friday end date for the quarter ended October 31, 2014 contributed to the improvement in the aging of the portfolio, along with the improved collections.
	Substantially all of the Company’s automobile contracts involve contracts made to individuals with impaired or limited credit histories, or higher debt-to-income ratios than permitted by traditional lenders.  Contracts made with buyers who are restricted in their ability to obtain financing from traditional lenders generally entail a higher risk of delinquency, default and repossession, and higher losses than contracts made with buyers with better credit.  The Company monitors contract term length, down payment percentages, and collections for credit quality indicators.
		Six Months Ended
		October 31,
		2014			2013
	Principal collected as a percent of average finance receivables		28.2	%		27.3	%
	Average down-payment percentage		6.8	%		6.4	%
	Average originating contract term (in months)		27.4			27.5
		31-Oct-14			31-Oct-13
	Portfolio weighted average contract term, including modifications (in months)		29.6			29.5
	The increase in the principal collected as a percent of average finance receivables was primarily due to lower delinquencies and lower contract modifications, partially offset by the slightly longer overall contract term as compared to the first six months of the prior year.  A lower average selling price and higher down payment percentages contributed to the decrease in average originating contract term compared to the prior year quarter.  The increases in the portfolio weighted average contract term are primarily related to efforts to keep payments affordable, for competitive reasons and to continue to work more with our customers when they experience financial difficulties.  In order to remain competitive term lengths may continue to increase.

Note_D_Property_and_Equipment

Note D - Property and Equipment	6 Months Ended
	Oct. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	D – Property and Equipment
	A summary of property and equipment is as follows:
	(In thousands)	31-Oct-14			30-Apr-14
	Land	$	6,330		$	6,330
	Buildings and improvements		11,481			11,116
	Furniture, fixtures and equipment		10,813			10,293
	Leasehold improvements		20,501			19,673
	Construction in progress		2,323			2,344
	Less accumulated depreciation and amortization		(17,559	)		(15,843	)
	Total	$	33,889		$	33,913

Note_E_Accrued_Liabilities

Note E - Accrued Liabilities	6 Months Ended
	Oct. 31, 2014
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Other Liabilities Disclosure [Text Block]	'
	E – Accrued Liabilities
	A summary of accrued liabilities is as follows:
	(In thousands)	31-Oct-14		30-Apr-14
	Employee compensation	$	3,406	$	3,228
	Cash overdrafts (see Note B)		1,008		1,085
	Deferred sales tax (see Note B)		2,819		2,513
	Interest		231		212
	Other		4,059		3,786
	Total	$	11,523	$	10,824

Note_F_Debt_Facilities

Note F - Debt Facilities	6 Months Ended
	Oct. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	F – Debt Facilities
	A summary of revolving credit facilities is as follows:
	(In thousands)
		Aggregate		Interest		Balance at
		Amount		Rate	Maturity	31-Oct-14		30-Apr-14
	Revolving credit facilities	$	145,000	LIBOR + 2.375%	8-Oct-17	$	106,497	$	97,032
	(2.40% at October 31, 2014 and at April 30, 2014)
	On March 9, 2012, the Company entered into an Amended and Restated Loan and Security Agreement (“Credit Facilities”) with a group of lenders providing revolving credit facilities totaling $125 million.  Prior to fiscal 2015, the Credit Facilities were amended on September 30, 2012, February 4, 2013, June 24, 2013 and February 13, 2014, respectively.  The first amendment to the Credit Facilities increased the total revolving commitment to $145 million.  The second amendment amended the definition of eligible vehicle contracts to include contracts with 36-42 month terms. The third amendment extended the term to June 24, 2016, provided the option to request revolver commitment increases for up to an additional $55 million and provided for a 0.25% decrease in each of the three pricing tiers for determining the applicable interest rate.  The fourth amendment amended the structure of the debt covenants as related to the application of the fixed charge coverage ratio calculation.  As amended, the fixed charge coverage ratio calculation will be required only if availability, as defined, under the revolving credit facilities is less than certain specified thresholds.  The amendment also increased the allowable capital expenditures to $10 million in the aggregate during any fiscal year and allows for the sale of certain vehicle contracts to third parties.
	On October 8, 2014, the Company entered into a fifth amendment to the Credit Facilities, which extended the term of the Credit Facilities to October 8, 2017, added a new pricing tier for determining the applicable interest rate, and provided for a 0.125% increase in each of the three existing pricing tiers. The fifth amendment also amended one of two alternative distribution limitations related to repurchases of the Company’s stock. With respect to such limitation, the amendment (i) reset the $40 million aggregate limit on repurchases beginning with October 8, 2014, (ii) redefined the aggregate amount of repurchases to be net of proceeds received from the exercise of stock options, and (iii) changed the requirement that the sum of borrowing bases combined minus the principal balances of all revolver loans after giving effect to such repurchases be equal to or greater than 30% of the sum of the borrowing bases.
	The revolving credit facilities are collateralized primarily by finance receivables and inventory, are cross collateralized and contain a guarantee by the Company.  Interest is payable monthly under the revolving credit facilities. The Credit Facilities provide for four pricing tiers for determining the applicable interest rate, based on the Company’s consolidated leverage ratio for the preceding fiscal quarter. The current applicable interest rate under the Credit Facilities is generally LIBOR plus 2.375%.  The Credit Facilities contain various reporting and performance covenants including (i) maintenance of certain financial ratios and tests, (ii) limitations on borrowings from other sources, (iii) restrictions on certain operating activities and (iv) limitations on the payment of dividends or distributions.
	The distribution limitations under the Credit Facilities allow the Company to repurchase the Company’s stock so long as: either (a) the aggregate amount of such repurchases does not exceed $40 million beginning October 8, 2014 and the sum of borrowing bases combined minus the principal balances of all revolver loans after giving effect to such repurchases is equal to or greater than 30% of the sum of the borrowing bases, or (b) the aggregate amount of such repurchases does not exceed 75% of the consolidated net income of the Company measured on a trailing twelve month basis; provided that immediately before and after giving effect to the stock repurchases, at least 12.5% of the aggregate funds committed under the credit facilities remain available.
	The Company was in compliance with the covenants at October 31, 2014.  The amount available to be drawn under the credit facilities is a function of eligible finance receivables and inventory. Based upon eligible finance receivables and inventory at October 31, 2014, the Company had additional availability of approximately $36.1 million under the revolving credit facilities.
	The Company recognized $93,000 and $118,000 of amortization for the six months ended October 31, 2014 and 2013, respectively, related to debt issuance costs.  The amortization is reflected as interest expense in the Company’s Consolidated Statements of Operations.

Note_G_Fair_Value_Measurements

Note G - Fair Value Measurements	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	G – Fair Value Measurements
	The table below summarizes information about the fair value of financial instruments included in the Company’s financial statements at October 31, 2014 and April 30, 2014:
			31-Oct-14				30-Apr-14
	(In thousands)		Carrying		Fair		Carrying		Fair
			Value		Value		Value		Value
	Cash		$	257	$	257	$	289	$	289
	Finance receivables, net			319,040		253,073		293,299		233,289
	Accounts payable			11,128		11,128		8,542		8,542
	Revolving credit facilities			106,497		106,497		97,032		97,032
	Because no market exists for certain of the Company’s financial instruments, fair value estimates are based on judgments and estimates regarding yield expectations of investors, credit risk and other risk characteristics, including interest rate and prepayment risk.  These estimates are subjective in nature and involve uncertainties and matters of judgment and therefore cannot be determined with precision.  Changes in assumptions could significantly affect these estimates.  The methodology and assumptions utilized to estimate the fair value of the Company’s financial instruments are as follows:
	Financial Instrument	Valuation Methodology
	Cash	The carrying amount is considered to be a reasonable estimate of fair value due to the short-term nature of the financial instrument.
	Finance receivables, net	The Company estimated the fair value of its receivables at what a third party purchaser might be willing to pay. The Company has had discussions with third parties and has bought and sold portfolios, and had a third party appraisal in November 2012 that indicated a range of 35% to 40% discount to face would be a reasonable fair value in a negotiated third party transaction.  The sale of finance receivables from Car-Mart of Arkansas to Colonial is made at a 38.5% discount.  For financial reporting purposes these sale transactions are eliminated. Since the Company does not intend to offer the receivables for sale to an outside third party, the expectation is that the net book value at October 31, 2014, will be ultimately collected. By collecting the accounts internally the Company expects to realize more than a third party purchaser would expect to collect with a servicing requirement and a profit margin included.
	Accounts payable	The carrying amount is considered to be a reasonable estimate of fair value due to the short-term nature of the financial instrument.
	Revolving credit facilities	The fair value approximates carrying value due to the variable interest rates charged on the borrowings, which reprice frequently.

Note_H_Weighted_Average_Shares

Note H - Weighted Average Shares Outstanding	6 Months Ended
	Oct. 31, 2014
Weighted Average Shares Outstanding [Abstract]	'
Weighted Average Shares Outstanding [Text Block]	'
	H – Weighted Average Shares Outstanding
	Weighted average shares of common stock outstanding, which are used in the calculation of basic and diluted earnings per share, are as follows:
		Three Months Ended				Six Months Ended
		October 31,				October 31,
		2014		2013		2014		2013
	Weighted average shares outstanding-basic		8,604,003		9,016,820		8,660,173		9,018,524
	Dilutive options and restricted stock		418,434		467,834		422,577		470,229
	Weighted average shares outstanding-diluted		9,022,437		9,484,654		9,082,750		9,488,753
	Antidilutive securities not included:
	Options		89,000		80,000		79,500		70,000

Note_I_Stock_Based_Compensatio

Note I - Stock Based Compensation	6 Months Ended
	Oct. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	I – Stock Based Compensation
	The Company has stock based compensation plans available to grant non-qualified stock options, incentive stock options and restricted stock to employees, directors and certain advisors of the Company.  The stock based compensation plans currently being utilized are the 2007 Stock Option Plan (“2007 Plan”) and the Stock Incentive Plan (“Incentive Plan”).    The Company recorded total stock based compensation expense for all plans of $412,000 ($258,000 after tax effects) and $890,000 ($561,000 after tax effects) for the six months ended October 31, 2014 and 2013, respectively.  Tax benefits were recognized for these costs at the Company’s overall effective tax rate.
	Stock Options
	The Company has options outstanding under two stock option plans approved by the shareholders, the 1997 Stock Option Plan (“1997 Plan”) and the 2007 Plan. While previously granted options remain outstanding, no additional option grants may be made under the 1997 Plan.  The shareholders of the Company approved an amendment to the Company’s 2007 Plan on October 13, 2010. The amendment increased from 1,000,000 to 1,500,000 the number of options to purchase our common stock that may be issued under the 2007 Plan.  The 2007 Plan provides for the grant of options to purchase shares of the Company’s common stock to employees, directors and certain advisors of the Company at a price not less than the fair market value of the stock on the date of grant and for periods not to exceed ten years. Options granted under the Company’s stock option plans expire in the calendar years 2014 through 2024.
		1997 Plan	2007 Plan
	Minimum exercise price as a percentage of fair market value at date of grant	100%	100%
	Last expiration date for outstanding options	2-Jul-17	21-Aug-24
	Shares available for grant at October 31, 2014	-	323,500
	The fair value of options granted is estimated on the date of grant using the Black-Scholes option pricing model based on the assumptions in the table below.
			Six Months Ended
			October 31,
			2014			2013
	Expected term (years)			5.3			5
	Risk-free interest rate			1.65	%		0.67	%
	Volatility			35	%		50	%
	Dividend yield			-			-
	The expected term of the options is based on evaluations of historical and expected future employee exercise behavior.  The risk-free interest rate is based on the U.S. Treasury rates at the date of grant with maturity dates approximately equal to the expected life at the grant date.  Volatility is based on historical volatility of the Company’s common stock.  The Company has not historically issued any dividends and does not expect to do so in the foreseeable future.
	There were 44,000 and 25,000 options granted during the six months ended October 31, 2014 and 2013, respectively. The grant-date fair value of options granted during the six months ended October 31, 2014 and 2013 was $595,000 and $487,000, respectively. The options were granted at fair market value on the date of grant.
	Stock option compensation expense on a pre-tax basis was $353,000 ($221,000 after tax effects) and $823,000 ($518,000 after tax effects) for the six months ended October 31, 2014 and 2013, respectively.  As of October 31, 2014, the Company had approximately $639,000 of total unrecognized compensation cost related to unvested options.  These unvested outstanding options have a weighted-average remaining vesting period of 1.25 years.
	The aggregate intrinsic value of outstanding options at October 31, 2014 and 2013 was $24.8 million and $27.4 million, respectively.
	The Company had the following options exercised for the periods indicated.  The impact of these cash receipts is included in financing activities in the accompanying Consolidated Statements of Cash Flows.
			Six Months Ended
			October 31,
	(Dollars in thousands)		2014			2013
	Options Exercised			88,750			4,500
	Cash Received from Option Exercises		$	1,546		$	105
	Intrinsic Value of Options Exercised		$	2,129		$	91
	As of October 31, 2014 there were 902,250 vested and exercisable stock options outstanding with an aggregate intrinsic value of $22.5 million and a weighted average remaining contractual life of 4.55 and a weighted average exercise price of $20.99.
	Stock Incentive Plan
	The shareholders of the Company approved an amendment to the Company’s Stock Incentive Plan on October 14, 2009. The amendment increased from 150,000 to 350,000 the number of shares of common stock that may be issued under the Stock Incentive Plan.  For shares issued under the Stock Incentive Plan, the associated compensation expense is generally recognized equally over the vesting periods established at the award date and is subject to the employee’s continued employment by the Company.
	There were no restricted shares granted during the first six months of fiscal 2015 or fiscal 2014.  A total of 187,027 shares remained available for award at October 31, 2014. There were 20,000 unvested shares at October 31, 2014 with a weighted average grant date fair value of $24.47.
	The Company recorded compensation cost of $45,000 ($28,200 after tax effects) and $52,000 ($33,000 after tax effects) related to the Stock Incentive Plan during the six months ended October 31, 2014 and 2013, respectively.  As of October 31, 2014, the Company had approximately $45,000 of total unrecognized compensation cost related to unvested awards granted under the Stock Incentive Plan, which the Company expects to recognize over a weighted-average remaining period of 0.5 years.
	There were no modifications to any of the Company’s outstanding share-based payment awards during fiscal 2014 or during the first six months of fiscal 2015.

Note_J_Commitments_and_Conting

Note J - Commitments and Contingencies	6 Months Ended
	Oct. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	J – Commitments and Contingencies
	The Company has a standby letter of credit relating to an insurance policy totaling $600,000 at October 31, 2014.

Note_K_Supplemental_Cash_Flow_

Note K - Supplemental Cash Flow Information	6 Months Ended
	Oct. 31, 2014
Supplemental Cash Flow Elements [Abstract]	'
Cash Flow, Supplemental Disclosures [Text Block]	'
	K - Supplemental Cash Flow Information
	Supplemental cash flow disclosures are as follows:
		Six Months Ended
		October 31,
	(in thousands)	2014		2013
	Supplemental disclosures:
	Interest paid	$	1,376	$	1,525
	Income taxes paid, net		5,238		5,108
	Non-cash transactions:
	Inventory acquired in repossession and payment protection plan claims		21,272		21,765

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company and its subsidiaries.  All intercompany accounts and transactions have been eliminated.
Segment Reporting, Policy [Policy Text Block]	'
	Segment Information
	Each dealership is an operating segment with its results regularly reviewed by the Company’s chief operating decision maker in an effort to make decisions about resources to be allocated to the segment and to assess its performance. Individual dealerships meet the aggregation criteria under the current accounting guidance.  The Company operates in the Integrated Auto Sales and Finance segment of the used car market.  In this industry, the nature of the sale and the financing of the transaction, financing processes, the type of customer and the methods used to distribute the Company’s products and services, including the actual servicing of the contracts as well as the regulatory environment in which the Company operates, all have similar characteristics.  Each of our individual dealerships is similar in nature and only engages in the selling and financing of used vehicles.  All individual dealerships have similar operating characteristics.  As such, individual dealerships have been aggregated into one reportable segment.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.  Significant estimates include, but are not limited to, the Company’s allowance for credit losses.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	'
	Concentration of Risk
	The Company provides financing in connection with the sale of substantially all of its vehicles.  These sales are made primarily to customers residing in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee, and Texas, with approximately 32% of revenues resulting from sales to Arkansas customers.  Periodically, the Company maintains cash in financial institutions in excess of the amounts insured by the federal government.  The Company’s revolving credit facilities mature in October 2017.  The Company expects that these credit facilities will be renewed or refinanced on or before the scheduled maturity dates.
Line of Credit Facility, Dividend Restrictions [Policy Text Block]	'
	Restrictions on Distributions/Dividends
	The Company’s revolving credit facilities generally limit distributions by the Company to its shareholders in order to repurchase the Company’s common stock.  The distribution limitations under the Credit Facilities allow the Company to repurchase the Company’s stock so long as: either (a) the aggregate amount of such repurchases does not exceed $40 million beginning October 8, 2014 and the sum of borrowing bases combined minus the principal balances of all revolver loans after giving effect to such repurchases is equal to or greater than 30% of the sum of the borrowing bases, or (b) the aggregate amount of such repurchases does not exceed 75% of the consolidated net income of the Company measured on a trailing twelve month basis; provided that immediately before and after giving effect to the stock repurchases, at least 12.5% of the aggregate funds committed under the credit facilities remain available.  Thus, the Company is limited in the amount of dividends or other distributions it can make to its shareholders without the consent of the Company’s lenders.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash Equivalents
	The Company considers all highly liquid debt instruments purchased with original maturities of three months or less to be cash equivalents.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	'
	Finance Receivables, Repossessions and Charge-offs and Allowance for Credit Losses
	The Company originates installment sale contracts from the sale of used vehicles at its dealerships.  These installment sale contracts typically carry interest rates ranging from 11% to 19% using the simple effective interest method including any deferred fees. Contract origination costs are not significant.  The installment sale contracts are not pre-computed contracts whereby borrowers are obligated to pay back principal plus the full amount of interest that will accrue over the entire term of the contract.  Finance receivables are collateralized by vehicles sold and consist of contractually scheduled payments from installment contracts net of unearned finance charges and an allowance for credit losses.  Unearned finance charges represent the balance of interest receivable to be earned over the entire term of the related installment contract, less the earned amount ($1.8 million at October 31, 2014 and at April 30, 2014), and as such, has been reflected as a reduction to the gross contract amount in arriving at the principal balance in finance receivables. An account is considered delinquent when a contractually scheduled payment has not been received by the scheduled payment date.  While the Company does not formally place contracts on nonaccrual status, the immaterial amount of interest that may accrue after an account becomes delinquent up until the point of resolution via repossession or write-off, is reserved for against the accrued interest on the Consolidated Balance Sheets. Delinquent contracts are addressed and either made current by the customer, which is the case in most situations, or the vehicle is repossessed or written off if the collateral cannot be recovered quickly. Customer payments are set to match their pay-day with approximately 75% of payments due on either a weekly or bi-weekly basis. The frequency of the payment due dates combined with the declining value of collateral lead to prompt resolutions on problem accounts.  Accounts are delinquent when the customer is one day or more behind on their contractual payments.  At October 31, 2014, 4.4% of the Company’s finance receivable balances were 30 days or more past due compared to 4.7% at October 31, 2013.
	Substantially all of the Company’s automobile contracts involve contracts made to individuals with impaired or limited credit histories, or higher debt-to-income ratios than permitted by traditional lenders.  Contracts made with buyers who are restricted in their ability to obtain financing from traditional lenders generally entail a higher risk of delinquency, default and repossession, and higher losses than contracts made with buyers with better credit.
	The Company strives to keep its delinquency percentages low, and not to repossess vehicles.  Accounts two days late are sent a notice in the mail.  Accounts three days late are contacted by telephone.  Notes from each telephone contact are electronically maintained in the Company’s computer system.  If a customer becomes severely delinquent in his or her payments, and management determines that timely collection of future payments is not probable, the Company will take steps to repossess the vehicle.  The Company attempts to resolve payment delinquencies amicably prior to repossessing a vehicle.  Periodically, the Company enters into contract modifications with its customers to extend the payment terms.  The Company only enters into a contract modification or extension if it believes such action will increase the amount of monies the Company will ultimately realize on the customer’s account and that the customer will be more likely to succeed in meeting their contractual obligations. At the time of modification, the Company expects to collect amounts due including accrued interest at the contractual interest rate for the period of delay. Other than the extension of additional time, concessions are not granted to customers at the time of modifications. Modifications are minor and are made for pay-day changes, minor vehicle repairs and other reasons.  For those vehicles that are repossessed, the majority are returned or surrendered by the customer on a voluntary basis.  Other repossessions are performed by Company personnel or third party repossession agents.  Depending on the condition of a repossessed vehicle, it is either resold on a retail basis through a Company dealership, or sold for cash on a wholesale basis primarily through physical and on-line auctions.
	The Company takes steps to repossess a vehicle when the customer becomes delinquent in his or her payments and management determines that timely collection of future payments is not probable.  Accounts are charged-off after the expiration of a statutory notice period for repossessed accounts, or when management determines that the timely collection of future payments is not probable for accounts where the Company has been unable to repossess the vehicle.  For accounts with respect to which the vehicle was repossessed, the fair value of the repossessed vehicle is charged as a reduction of the gross finance receivable balance charged-off.  On average, accounts are approximately 68 days past due at the time of charge-off.  For previously charged-off accounts that are subsequently recovered, the amount of such recovery is credited to the allowance for credit losses.
	The Company maintains an allowance for credit losses on an aggregate basis, as opposed to a contract-by-contract basis, at an amount it considers sufficient to cover estimated losses inherent in the portfolio at the balance sheet date in the collection of its finance receivables currently outstanding. The Company accrues an estimated loss as it is probable that the entire amount will not be collected and the amount of the loss can be reasonably estimated in the aggregate.  The allowance for credit losses is based primarily upon historical credit loss experience, with consideration given to recent credit loss trends and changes in contract characteristics (i.e., average amount financed and term), delinquency levels, collateral values, economic conditions and underwriting and collection practices.  The allowance for credit losses is periodically reviewed by management with any changes reflected in current operations.  Although it is at least reasonably possible that events or circumstances could occur in the future that are not presently foreseen which could cause actual credit losses to be materially different from the recorded allowance for credit losses, the Company believes that it has given appropriate consideration to all relevant factors and has made reasonable assumptions in determining the allowance for credit losses.  The calculation of the allowance for credit losses uses the following primary factors:
	·   The number of units repossessed or charged-off as a percentage of total units financed over specific historical periods of time from one year to five years.
	·   The average net repossession and charge-off loss per unit during the last eighteen months, segregated by the number of months since the contract origination date, and adjusted for the expected future average net charge-off loss per unit.  Approximately 50% of the charge-offs that will ultimately occur in the portfolio are expected to occur within 10-11 months following the balance sheet date.  The average age of an account at charge-off date is 11.4 months.
	·   The timing of repossession and charge-off losses relative to the date of sale (i.e., how long it takes for a repossession or charge-off to occur) for repossessions and charge-offs occurring during the last eighteen months.
	A point estimate is produced by this analysis which is then supplemented by any positive or negative subjective factors to arrive at an overall reserve amount that management considers to be a reasonable estimate of losses inherent in the portfolio at the balance sheet date that will be realized via actual charge-offs in the future. While challenging economic conditions can negatively impact credit losses, the effectiveness of the execution of internal policies and procedures within the collections area and the competitive environment on the lending side have historically had a more significant effect on collection results than macro-economic issues.  The allowance for credit losses at October 31, 2014 of $92.5 million was 23.8% of the principal balance in finance receivables of $411.5 million, less unearned payment protection plan revenue of $14.4 million and unearned service contract revenue of $8.6 million.  Previously the allowance as a percentage of finance receivable principal balance, net of deferred payment protection plan revenue was 23.5%, and did not include a reduction for the deferred service contract revenue.  This change did not have a material impact on net income or earnings per share and was not significant to any prior period.
	In most states, the Company offers retail customers who finance their vehicle the option of purchasing a payment protection plan product as an add-on to the installment sale contract.  This product contractually obligates the Company to cancel the remaining principal outstanding for any contract where the retail customer has totaled the vehicle, as defined, or the vehicle has been stolen.  The Company periodically evaluates anticipated losses to ensure that if anticipated losses exceed deferred payment protection plan revenues, an additional liability is recorded for such difference.  No such liability was required at October 31, 2014 or 2013.
Inventory, Policy [Policy Text Block]	'
	Inventory
	Inventory consists of used vehicles and is valued at the lower of cost or market on a specific identification basis.  Vehicle reconditioning costs are capitalized as a component of inventory.  Repossessed vehicles and trade-in vehicles are recorded at fair value, which approximates wholesale value.  The cost of used vehicles sold is determined using the specific identification method.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	'
	Goodwill
	Goodwill reflects the excess of purchase price over the fair value of specifically identified net assets purchased.  Goodwill and intangible assets deemed to have indefinite lives are not amortized but are subject to annual impairment tests at the Company’s year-end. The impairment tests are based on the comparison of the fair value of the reporting unit to the carrying value of such unit. If the fair value of the reporting unit falls below its carrying value, the Company performs the second step of the two-step goodwill impairment process to determine the amount, if any, that the goodwill is impaired.  The second step involves determining the fair value of the identifiable assets and liabilities and the implied goodwill.  The implied goodwill is compared to the carrying value of the goodwill to determine the impairment, if any.  There was no impairment of goodwill during fiscal 2014, and to date, there has been none in fiscal 2015.
Property, Plant and Equipment, Policy [Policy Text Block]	'
	Property and Equipment
	Property and equipment are stated at cost.  Expenditures for additions, renewals and improvements are capitalized.  Costs of repairs and maintenance are expensed as incurred.  Leasehold improvements are amortized over the shorter of the estimated life of the improvement or the lease period.  The lease period includes the primary lease term plus any extensions that are reasonably assured. Depreciation is computed principally using the straight-line method generally over the following estimated useful lives:
	Furniture, fixtures and equipment (years)	3	to	7
	Leasehold improvements (years)	5	to	15
	Buildings and improvements (years)	18	to	39
	Property and equipment are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable.  Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset.  If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying values of the impaired assets exceed the fair value of such assets.  Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
Cash Overdraft [Policy Text Block]	'
	Cash Overdraft
	As checks are presented for payment from the Company’s primary disbursement bank account, monies are automatically drawn against cash collections for the day and, if necessary, are drawn against one of its revolving credit facilities.  Any cash overdraft balance principally represents outstanding checks, net of any deposits in transit that as of the balance sheet date had not yet been presented for payment.  Any cash overdraft balance is reflected in accrued liabilities on the Company’s Condensed Consolidated Balance Sheets.
Deferred Sales Tax [Policy Text Block]	'
	Deferred Sales Tax
	Deferred sales tax represents a sales tax liability of the Company for vehicles sold on an installment basis in the states of Alabama and Texas.  Under Alabama and Texas law, for vehicles sold on an installment basis, the related sales tax is due as the payments are collected from the customer, rather than at the time of sale.  Deferred sales tax liabilities are reflected in accrued liabilities on the Company’s Condensed Consolidated Balance Sheets.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes
	Income taxes are accounted for under the liability method.  Under this method, deferred income tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities, and are measured using the enacted tax rates expected to apply in the years in which these temporary differences are expected to be recovered or settled. The quarterly provision for income taxes is determined using an estimated annual effective tax rate, which is based on expected annual taxable income, statutory tax rates and the Company’s best estimate of nontaxable and nondeductible items of income and expense.
	Occasionally, the Company is audited by taxing authorities.  These audits could result in proposed assessments of additional taxes. The Company believes that its tax positions comply in all material respects with applicable tax law.  However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from those of the Company, which could result in the imposition of additional taxes.
	The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit.  For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.  The Company applies this methodology to all tax positions for which the statute of limitations remains open.
	The Company is subject to income taxes in the U.S. federal jurisdiction and various state jurisdictions.  Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply.  With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for the years before fiscal 2012.
	The Company’s policy is to recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company had no accrued penalties or interest as of October 31, 2014 or April 30, 2014.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition
	Revenues are generated principally from the sale of used vehicles, which in most cases includes a service contract and a payment protection plan product, interest income and late fees earned on finance receivables.  Revenues are net of taxes collected from customers and remitted to government agencies.  Cost of vehicle sales include costs incurred by the Company to prepare the vehicle for sale including license and title costs, gasoline, transport services and repairs.
	Revenues from the sale of used vehicles are recognized when the sales contract is signed, the customer has taken possession of the vehicle and, if applicable, financing has been approved.  Revenues from the sale of service contracts are recognized ratably over the service contract period.  Service contract revenues are included in sales and the related expenses are included in cost of sales.  Payment protection plan revenues are initially deferred and then recognized to income using the “Rule of 78’s” interest method over the life of the contract so that revenues are recognized in proportion to the amount of cancellation protection provided.  Payment protection plan revenues are included in sales and related losses are included in cost of sales as incurred.  Interest income is recognized on all active finance receivable accounts using the simple effective interest method.  Active accounts include all accounts except those that have been paid-off or charged-off.
	Sales consist of the following:
			Three Months Ended				Six Months Ended
			October 31,				October 31,
	(In thousands)		2014		2013		2014		2013
	Sales – used autos		$	106,914	$	95,744	$	208,037	$	193,050
	Wholesales – third party			4,763		4,760		9,559		9,223
	Service contract sales			3,988		3,714		7,983		7,628
	Payment protection plan revenue			3,770		3,547		7,315		7,013
	Total		$	119,435	$	107,765	$	232,894	$	216,914
	Revenues from late fees were approximately $1.1 million for the six months ended October 31, 2014 and 2013. Late fees are recognized when collected and are reflected in interest and other income.  Finance receivables more than 90 days past due were approximately $2.0 million and $1.9 million at October 31, 2014 and 2013, respectively.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings per Share
	Basic earnings per share are computed by dividing net income attributable to common stockholders by the average number of common shares outstanding during the period.  Diluted earnings per share are computed by dividing net income attributable to common stockholders by the average number of common shares outstanding during the period plus dilutive common stock equivalents.  The calculation of diluted earnings per share takes into consideration the potentially dilutive effect of common stock equivalents, such as outstanding stock options and non-vested restricted stock, which if exercised or converted into common stock would then share in the earnings of the Company.  In computing diluted earnings per share, the Company utilizes the treasury stock method and anti-dilutive securities are excluded.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	Stock-Based Compensation
	The Company recognizes the cost of employee services received in exchange for awards of equity instruments, such as stock options and restricted stock, based on the fair value of those awards at the date of grant over the requisite service period.  The Company uses the Black Scholes option pricing model to determine the fair value of stock option awards.  The Company may issue either new shares or treasury shares upon exercise of these awards.  Stock-based compensation plans, related expenses and assumptions used in the Black Scholes option pricing model are more fully described in Note I.
Treasury Stock [Policy Text Block]	'
	Treasury Stock
	The Company purchased 255,208 shares of its common stock for a total cost of $10.3 million during the first six months of fiscal 2015 and 12,620 shares for a total cost of $531,000 during the first six months of fiscal 2014.  Treasury stock may be used for issuances under the Company’s stock-based compensation plans or for other general corporate purposes.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	Occasionally, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”) or other standard setting bodies which the Company adopts as of the specified effective date. Unless otherwise discussed, the Company believes the impact of recently issued standards which are not yet effective will not have a material impact on its consolidated financial statements upon adoption.
	Revenue Recognition.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes existing revenue recognition guidance.   The new guidance in ASU 2014-09 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for annual and interim periods beginning after December 15, 2016, using one of two retrospective application methods. The Company is currently evaluating the potential effects of the adoption of this update on the consolidated financial statements.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	The Company has made reclassifications to certain amounts in the accompanying Condensed Consolidated Balance Sheets for the years ended April 30, 2014 to reclassify deferred service contract revenue from accrued liabilities to deferred service contract revenue.  The reclassification did not have an impact on net income or earnings per share.

Note_B_Summary_of_Significant_1

Note B - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]	'
Property Plant And Equipment, Useful Life [Table Text Block]	'
	Furniture, fixtures and equipment (years)	3	to	7
	Leasehold improvements (years)	5	to	15
	Buildings and improvements (years)	18	to	39
Revenue from External Customers by Products and Services [Table Text Block]	'
			Three Months Ended				Six Months Ended
			October 31,				October 31,
	(In thousands)		2014		2013		2014		2013
	Sales – used autos		$	106,914	$	95,744	$	208,037	$	193,050
	Wholesales – third party			4,763		4,760		9,559		9,223
	Service contract sales			3,988		3,714		7,983		7,628
	Payment protection plan revenue			3,770		3,547		7,315		7,013
	Total		$	119,435	$	107,765	$	232,894	$	216,914

Note_C_Finance_Receivables_Tab

Note C - Finance Receivables (Tables)	6 Months Ended
	Oct. 31, 2014
Receivables [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
	(In thousands)	31-Oct-14			30-Apr-14
	Gross contract amount	$	467,526		$	432,327
	Less unearned finance charges		(56,026	)		(52,995	)
	Principal balance		411,500			379,332
	Less allowance for credit losses		(92,460	)		(86,033	)
	Finance receivables, net	$	319,040		$	293,299
Change in Finance Receivables, Net [Table Text Block]	'
		Six Months Ended
		October 31,
	(In thousands)	2014			2013
	Balance at beginning of period	$	293,299		$	288,049
	Finance receivable originations		222,024			203,688
	Finance receivable collections		(111,000	)		(102,986	)
	Provision for credit losses		(59,247	)		(54,826	)
	Losses on claims for payment protection plan		(4,764	)		(4,060	)
	Inventory acquired in repossession and payment protection plan claims		(21,272	)		(21,765	)
	Balance at end of period	$	319,040		$	308,100
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
		Six Months Ended
		October 31,
	(In thousands)	2014			2013
	Balance at beginning of period	$	86,033		$	75,345
	Provision for credit losses		59,247			54,826
	Charge-offs, net of recovered collateral		(52,820	)		(49,472	)
	Balance at end of period	$	92,460		$	80,699
Past Due Financing Receivables [Table Text Block]	'
	(Dollars in thousands)	31-Oct-14						30-Apr-14					31-Oct-13
		Principal			Percent of			Principal		Percent of			Principal		Percent of
		Balance			Portfolio			Balance		Portfolio			Balance		Portfolio
	Current	$	341,555			83	%	$	300,478		79.21	%	$	313,006		80.5	%
	3 - 29 days past due		51,990			12.63	%		62,108		16.38	%		57,429		14.77	%
	30 - 60 days past due		12,002			2.92	%		10,926		2.88	%		12,008		3.09	%
	61 - 90 days past due		3,986			0.97	%		4,665		1.23	%		4,429		1.14	%
	> 90 days past due		1,967			0.48	%		1,155		0.3	%		1,927		0.5	%
	Total	$	411,500			100	%	$	379,332		100	%	$	388,799		100	%
Financing Receivable Credit Quality Indicators [Table Text Block]	'
		Six Months Ended
		October 31,
		2014			2013
	Principal collected as a percent of average finance receivables		28.2	%		27.3	%
	Average down-payment percentage		6.8	%		6.4	%
	Average originating contract term (in months)		27.4			27.5
Financing Receivable Contract Terms [Table Text Block]	'
		31-Oct-14			31-Oct-13
	Portfolio weighted average contract term, including modifications (in months)		29.6			29.5

Note_D_Property_and_Equipment_

Note D - Property and Equipment (Tables)	6 Months Ended
	Oct. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
	(In thousands)	31-Oct-14			30-Apr-14
	Land	$	6,330		$	6,330
	Buildings and improvements		11,481			11,116
	Furniture, fixtures and equipment		10,813			10,293
	Leasehold improvements		20,501			19,673
	Construction in progress		2,323			2,344
	Less accumulated depreciation and amortization		(17,559	)		(15,843	)
	Total	$	33,889		$	33,913

Note_E_Accrued_Liabilities_Tab

Note E - Accrued Liabilities (Tables)	6 Months Ended
	Oct. 31, 2014
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Schedule of Accrued Liabilities [Table Text Block]	'
	(In thousands)	31-Oct-14		30-Apr-14
	Employee compensation	$	3,406	$	3,228
	Cash overdrafts (see Note B)		1,008		1,085
	Deferred sales tax (see Note B)		2,819		2,513
	Interest		231		212
	Other		4,059		3,786
	Total	$	11,523	$	10,824

Note_F_Debt_Facilities_Tables

Note F - Debt Facilities (Tables)	6 Months Ended
	Oct. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
	(In thousands)
		Aggregate		Interest		Balance at
		Amount		Rate	Maturity	31-Oct-14		30-Apr-14
	Revolving credit facilities	$	145,000	LIBOR + 2.375%	8-Oct-17	$	106,497	$	97,032

Note_G_Fair_Value_Measurements1

Note G - Fair Value Measurements (Tables)	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
		31-Oct-14				30-Apr-14
	(In thousands)	Carrying		Fair		Carrying		Fair
		Value		Value		Value		Value
	Cash	$	257	$	257	$	289	$	289
	Finance receivables, net		319,040		253,073		293,299		233,289
	Accounts payable		11,128		11,128		8,542		8,542
	Revolving credit facilities		106,497		106,497		97,032		97,032

Note_H_Weighted_Average_Shares1

Note H - Weighted Average Shares Outstanding (Tables)	6 Months Ended
	Oct. 31, 2014
Weighted Average Shares Outstanding [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
		Three Months Ended				Six Months Ended
		October 31,				October 31,
		2014		2013		2014		2013
	Weighted average shares outstanding-basic		8,604,003		9,016,820		8,660,173		9,018,524
	Dilutive options and restricted stock		418,434		467,834		422,577		470,229
	Weighted average shares outstanding-diluted		9,022,437		9,484,654		9,082,750		9,488,753
	Antidilutive securities not included:
	Options		89,000		80,000		79,500		70,000

Note_I_Stock_Based_Compensatio1

Note I - Stock Based Compensation (Tables)	6 Months Ended
	Oct. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock Option Plan Comparison [Table Text Block]	'
		1997 Plan	2007 Plan
	Minimum exercise price as a percentage of fair market value at date of grant	100%	100%
	Last expiration date for outstanding options	2-Jul-17	21-Aug-24
	Shares available for grant at October 31, 2014	-	323,500
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
			Six Months Ended
			October 31,
			2014			2013
	Expected term (years)			5.3			5
	Risk-free interest rate			1.65	%		0.67	%
	Volatility			35	%		50	%
	Dividend yield			-			-
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
			Six Months Ended
			October 31,
	(Dollars in thousands)		2014			2013
	Options Exercised			88,750			4,500
	Cash Received from Option Exercises		$	1,546		$	105
	Intrinsic Value of Options Exercised		$	2,129		$	91

Note_K_Supplemental_Cash_Flow_1

Note K - Supplemental Cash Flow Information (Tables)	6 Months Ended
	Oct. 31, 2014
Supplemental Cash Flow Elements [Abstract]	'
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	'
		Six Months Ended
		October 31,
	(in thousands)	2014		2013
	Supplemental disclosures:
	Interest paid	$	1,376	$	1,525
	Income taxes paid, net		5,238		5,108
	Non-cash transactions:
	Inventory acquired in repossession and payment protection plan claims		21,272		21,765

Note_A_Organization_and_Busine1

Note A - Organization and Business (Details)	6 Months Ended
	Oct. 31, 2014
Disclosure Text Block [Abstract]	'
Number of Operating Subsidiaries	2
Number of Stores	136

Note_B_Summary_of_Significant_2

Note B - Summary of Significant Accounting Policies (Details) (USD $)	6 Months Ended		12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2014	Apr. 30, 2013
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Number of Reportable Segments	1	'	'	'
Line of Credit Facility, Distribution Limitations, Maximum Aggregate Amount of Stock Repurchases	$40,000,000	'	'	'
Line of Credit Facility, Distribution Limitations, Percentage of Sum of Borrowing Bases	30.00%	'	'	'
Line of Credit Facility, Distribution Limitations, Percentage of Consolidated Net income	75.00%	'	'	'
Line of Credit Facility, Distribution Limitations, Minimum Percentage of Aggregate Funds Available	12.50%	'	'	'
Interest Earned on Financing Receivables	1,800,000	'	1,800,000	'
Finance Receivables, Customer Payments Due Either Weekly or Bi-Weekly, Percentage	75.00%	'	'	'
Financing Receivable, Greater Than or Equal to 30 Days Past Due, Percent of Portfolio	4.40%	4.70%	'	'
Financing Receivable, Average Days Past Due at Charge Off	'68 days	'	'	'
Percentage of Receivable Charge Offs	50.00%	'	'	'
Average Age of Account At Charge-Off Date	'11 months 12 days	'	'	'
Financing Receivable, Allowance for Credit Losses	92,460,000	80,699,000	86,033,000	75,345,000
Accounts Receivable Allowance for Credit Losses Percentage	23.80%	'	23.50%	'
Finance Receivable Principal Balance	411,500,000	388,799,000	379,332,000	'
Goodwill, Impairment Loss	0	'	0	'
Income Tax Examination, Penalties and Interest Accrued	0	'	0	'
Late Fee Income Generated by Servicing Financial Assets, Amount	1,100,000	1,100,000	'	'
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	1,967,000	1,927,000	1,155,000	'
Stock Repurchased During Period, Shares (in Shares)	255,208	12,620	'	'
Stock Repurchased During Period, Value	10,300,000	531,000	'	'
Payment Protection Plan [Member]	'	'	'	'
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Deferred Revenue	14,376,000	'	13,233,000	'
Service Contract [Member]	'	'	'	'
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Deferred Revenue	$8,635,000	'	$4,234,000	'
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | ARKANSAS	'	'	'	'
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Concentration Risk, Percentage	32.00%	'	'	'
Minimum [Member]	'	'	'	'
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Financing Receivable Interest Rate	11.00%	'	'	'
Allowance for Credit Losses Primary Factor, Units Repossessed or Charged-off Evaluation Period	'1 year	'	'	'
Maximum [Member]	'	'	'	'
Note B - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'
Financing Receivable Interest Rate	19.00%	'	'	'
Allowance for Credit Losses Primary Factor, Units Repossessed or Charged-off Evaluation Period	'5 years	'	'	'

Note_B_Summary_of_Significant_3

Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives	6 Months Ended
	Oct. 31, 2014
Furniture, Fixtures, and Equipment [Member] | Minimum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'3 years
Furniture, Fixtures, and Equipment [Member] | Maximum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'7 years
Leasehold Improvements [Member] | Minimum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'5 years
Leasehold Improvements [Member] | Maximum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'15 years
Building and Building Improvements [Member] | Minimum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'18 years
Building and Building Improvements [Member] | Maximum [Member]	'
Note B - Summary of Significant Accounting Policies (Details) - Property and Equipment, Estimated Useful Lives [Line Items]	'
Property, Plant and Equipment	'39 years

Note_B_Summary_of_Significant_4

Note B - Summary of Significant Accounting Policies (Details) - Sales (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Revenue from External Customer [Line Items]	'	'	'	'
Sales	$119,435	$107,765	$232,894	$216,914
Sales - Used Autos [Member]	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Sales	106,914	95,744	208,037	193,050
Wholesales - Third Party [Member]	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Sales	4,763	4,760	9,559	9,223
Service Contract Sales [Member]	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Sales	3,988	3,714	7,983	7,628
Payment Protection Plan Revenue [Member]	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Sales	$3,770	$3,547	$7,315	$7,013

Note_C_Finance_Receivables_Det

Note C - Finance Receivables (Details)	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Note C - Finance Receivables (Details) [Line Items]	'	'
Installment Sale Contracts,Weighted Average Interest Rate	14.90%	'
Finance Receivables, Number of Loan Classes	1	'
Finance Receivables, Number of Risk Pools	1	'
Net Charge Offs as Percentage of Average Financing Receivables	13.40%	13.10%
Collections as Percentage of Average Financing Receivables	28.20%	27.30%
Delinquecies Greater Than 30 Days as Percentage of Average Financing Receivables	4.40%	4.70%
Minimum [Member]	'	'
Note C - Finance Receivables (Details) [Line Items]	'	'
Financing Receivable Interest Rate	11.00%	'
Financing Receivable Payment Period	'18 months	'
Maximum [Member]	'	'
Note C - Finance Receivables (Details) [Line Items]	'	'
Financing Receivable Interest Rate	19.00%	'
Financing Receivable Payment Period	'36 years	'

Note_C_Finance_Receivables_Det1

Note C - Finance Receivables (Details) - Components of Finance Receivables (USD $)	Oct. 31, 2014	Apr. 30, 2014	Oct. 31, 2013	Apr. 30, 2013
In Thousands, unless otherwise specified
Components of Finance Receivables [Abstract]	'	'	'	'
Gross contract amount	$467,526	$432,327	'	'
Less unearned finance charges	-56,026	-52,995	'	'
Principal balance	411,500	379,332	388,799	'
Less allowance for credit losses	-92,460	-86,033	-80,699	-75,345
Finance receivables, net	$319,040	$293,299	$308,100	$288,049

Note_C_Finance_Receivables_Det2

Note C - Finance Receivables (Details) - Changes in Finance Receivables (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Changes in Finance Receivables [Abstract]	'	'
Balance	$293,299	$288,049
Finance receivable originations	222,024	203,688
Finance receivable collections	-111,000	-102,986
Provision for credit losses	-59,247	-54,826
Losses on claims for payment protection plan	-4,764	-4,060
Inventory acquired in repossession and payment protection plan claims	-21,272	-21,765
Balance	$319,040	$308,100

Note_C_Finance_Receivables_Det3

Note C - Finance Receivables (Details) - Changes in the Finance Receivables Allowance for Credit Losses (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Changes in the Finance Receivables Allowance for Credit Losses [Abstract]	'	'
Balance	$86,033	$75,345
Provision for credit losses	59,247	54,826
Charge-offs, net of recovered collateral	-52,820	-49,472
Balance	$92,460	$80,699

Note_C_Finance_Receivables_Det4

Note C - Finance Receivables (Details) - Credit Quality Information for Finance Receivables (USD $)	Oct. 31, 2014	Apr. 30, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Credit Quality Information for Finance Receivables [Abstract]	'	'	'
Current	$341,555	$300,478	$313,006
Current	83.00%	79.21%	80.50%
3 - 29 days past due	51,990	62,108	57,429
3 - 29 days past due	12.63%	16.38%	14.77%
30 - 60 days past due	12,002	10,926	12,008
30 - 60 days past due	2.92%	2.88%	3.09%
61 - 90 days past due	3,986	4,665	4,429
61 - 90 days past due	0.97%	1.23%	1.14%
> 90 days past due	1,967	1,155	1,927
> 90 days past due	0.48%	0.30%	0.50%
Total	$411,500	$379,332	$388,799
Total	100.00%	100.00%	100.00%

Note_C_Finance_Receivables_Det5

Note C - Finance Receivables (Details) - Financing Receivables Analysis	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Financing Receivables Analysis [Abstract]	'	'
Principal collected as a percent of average finance receivables	28.20%	27.30%
Average down-payment percentage	6.80%	6.40%
Average originating contract term (in months)	'27 months 12 days	'27 months 15 days

Note_C_Finance_Receivables_Det6

Note C - Finance Receivables (Details) - Average Financing Receivable Contract Terms	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Average Financing Receivable Contract Terms [Abstract]	'	'
Portfolio weighted average contract term, including modifications (in months)	'29 months 18 days	'29 months 15 days

Note_D_Property_and_Equipment_1

Note D - Property and Equipment (Details) - Property and Equipment (Under Review) (USD $)	Oct. 31, 2014	Apr. 30, 2014
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Less accumulated depreciation and amortization	($17,559)	($15,843)
Total	33,889	33,913
Land [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment	6,330	6,330
Building and Building Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment	11,481	11,116
Furniture, Fixtures, and Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment	10,813	10,293
Leasehold Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment	20,501	19,673
Construction in Progress [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment	$2,323	$2,344

Note_E_Accrued_Liabilities_Det

Note E - Accrued Liabilities (Details) - Accrued Liabilities (USD $)	Oct. 31, 2014	Apr. 30, 2014
In Thousands, unless otherwise specified
Accrued Liabilities [Abstract]	'	'
Employee compensation	$3,406	$3,228
Cash overdrafts (see Note B)	1,008	1,085
Deferred sales tax (see Note B)	2,819	2,513
Interest	231	212
Other	4,059	3,786
Total	$11,523	$10,824

Note_F_Debt_Facilities_Details

Note F - Debt Facilities (Details) (USD $)

6 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

6 Months Ended

Oct. 31, 2014

Oct. 31, 2013

Sep. 30, 2012

Feb. 04, 2013

Feb. 04, 2013

Jun. 24, 2013

Feb. 13, 2014

Oct. 08, 2014

Oct. 31, 2014

Oct. 31, 2014

Apr. 30, 2014

Mar. 09, 2012

Credit Facilities, Amendment No. 1 [Member]

Credit Facilities, Amendment No. 2 [Member]

Credit Facilities, Amendment No. 2 [Member]

Credit Facilities, Amendment No. 3 [Member]

Credit Facilities, Amendment No. 4 [Member]

Credit Facilities, Amendment No. 5 [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

London Interbank Offered Rate (LIBOR) [Member]

Minimum [Member]

Maximum [Member]

Note F - Debt Facilities (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Interest Rate at Period End

'

'

'

'

'

'

'

'

'

2.40%

2.40%

'

Line of Credit Facility, Maximum Borrowing Capacity

'

'

$145,000,000

'

'

'

'

'

'

$145,000,000

'

$125,000,000

Contract Term of Contracts Included by Credit Facilities Amendment

'

'

'

'36 months

'42 months

'

'

'

'

'

'

'

Line of Credit Facility, Expiration Date

'

'

'

'

'

24-Jun-16

'

8-Oct-14

'

8-Oct-17

'

'

Line of Credit Facility, Additional Borrowing Capacity

'

'

'

'

'

55,000,000

'

'

'

'

'

'

Decrease in Pricing Tiers, Percent

'

'

'

'

'

0.25%

'

'

'

'

'

'

Maximum Allowable Capital Expenditures By Credit Facilities Amendment

'

'

'

'

'

'

10,000,000

'

'

'

'

'

Increase in Pricing Tiers, Percent

'

'

'

'

'

'

'

0.13%

'

'

'

'

Line of Credit Facility, Distribution Limitations, Maximum Aggregate Amount of Stock Repurchases

40,000,000

'

'

'

'

'

'

40,000,000

'

40,000,000

'

'

Line of Credit Facility, Distribution Limitations, Percentage of Sum of Borrowing Bases

30.00%

'

'

'

'

'

'

30.00%

'

30.00%

'

'

Debt Instrument, Basis Spread on Variable Rate

'

'

'

'

'

'

'

'

2.38%

'

'

'

Line of Credit Facility, Distribution Limitations, Percentage of Consolidated Net income

75.00%

'

'

'

'

'

'

'

'

75.00%

'

'

Line of Credit Facility, Distribution Limitations, Minimum Percentage of Aggregate Funds Available

12.50%

'

'

'

'

'

'

'

'

12.50%

'

'

Line of Credit Facility, Remaining Borrowing Capacity

'

'

'

'

'

'

'

'

'

36,100,000

'

'

Amortization of Financing Costs and Discounts

$93,000

$118,000

'

'

'

'

'

'

'

'

'

'

Note_F_Debt_Facilities_Details1

Note F - Debt Facilities (Details) - Revolving Credit Facilities (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Apr. 30, 2014	Mar. 09, 2012
Debt Instrument [Line Items]	'	'	'
Revolving credit facilities	$106,497	$97,032	'
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Revolving credit facilities	2.38%	'	'
Revolving Credit Facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Revolving credit facilities	145,000	'	125,000
Revolving credit facilities	8-Oct-17	'	'
Revolving credit facilities	$106,497	$97,032	'

Note_G_Fair_Value_Measurements2

Note G - Fair Value Measurements (Details)	6 Months Ended
	Oct. 31, 2014
Minimum [Member]	'
Note G - Fair Value Measurements (Details) [Line Items]	'
Fair Value Inputs, Discount Rate	35.00%
Maximum [Member]	'
Note G - Fair Value Measurements (Details) [Line Items]	'
Fair Value Inputs, Discount Rate	40.00%
Colonial [Member]	'
Note G - Fair Value Measurements (Details) [Line Items]	'
Fair Value Inputs, Discount Rate	38.50%

Note_G_Fair_Value_Measurements3

Note G - Fair Value Measurements (Details) - Fair Value of Financial Instruments (USD $)	Oct. 31, 2014	Apr. 30, 2014
In Thousands, unless otherwise specified
Reported Value Measurement [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Cash	$257	$289
Finance receivables, net	319,040	293,299
Accounts payable	11,128	8,542
Revolving credit facilities	106,497	97,032
Estimate of Fair Value Measurement [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Cash	257	289
Finance receivables, net	253,073	233,289
Accounts payable	11,128	8,542
Revolving credit facilities	$106,497	$97,032

Note_H_Weighted_Average_Shares2

Note H - Weighted Average Shares Outstanding (Details) - Weighted Average Shares of Common Stock Outstanding	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Weighted Average Shares of Common Stock Outstanding [Abstract]	'	'	'	'
Weighted average shares outstanding-basic	8,604,003	9,016,820	8,660,173	9,018,524
Dilutive options and restricted stock	418,434	467,834	422,577	470,229
Weighted average shares outstanding-diluted	9,022,437	9,484,654	9,082,750	9,488,753
Antidilutive securities not included:	'	'	'	'
Options	89,000	80,000	79,500	70,000

Note_I_Stock_Based_Compensatio2

Note I - Stock Based Compensation (Details) (USD $)

6 Months Ended

6 Months Ended

6 Months Ended

Oct. 31, 2014

Oct. 31, 2013

Oct. 31, 2014

Oct. 13, 2010

Oct. 12, 2010

Oct. 31, 2014

Oct. 31, 2013

Oct. 31, 2014

Oct. 31, 2013

Oct. 14, 2009

Oct. 14, 2009

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2013

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Original Amount [Member]

Revised Amount [Member]

2007 Plan [Member]

Stock Incentive Plan [Member]

Stock Incentive Plan [Member]

2007 Plan [Member]

2007 Plan [Member]

2007 Plan [Member]

Stock Incentive Plan [Member]

Stock Incentive Plan [Member]

Stock Incentive Plan [Member]

Stock Incentive Plan [Member]

Note I - Stock Based Compensation (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allocated Share-based Compensation Expense

$412,000

$890,000

'

'

'

$353,000

$823,000

'

'

'

'

'

$45,000

$52,000

Allocated Share-based Compensation Expense, Net of Tax

258,000

561,000

'

'

'

221,000

518,000

'

'

'

'

'

28,200

33,000

Number of Stock Option Plans

2

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)

'

'

'

1,500,000

1,000,000

'

'

'

'

150,000

350,000

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period

'

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)

44,000

25,000

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Fair Value

595,000

487,000

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

'

'

'

'

'

639,000

'

'

'

'

'

'

45,000

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

'

'

'

'

'

'1 year 3 months

'

'

'

'

'

'

'6 months

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value

24,800,000

27,400,000

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number (in Shares)

902,250

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value

$22,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term

'4 years 200 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Exercise Price (in Dollars per share)

$20.99

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in Shares)

'

'

'

'

'

'

'

0

0

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)

'

'

'

'

'

'

'

'

'

'

'

323,500

187,027

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares)

'

'

'

'

'

'

'

'

'

'

'

'

20,000

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

$24.47

'

Note_I_Stock_Based_Compensatio3

Note I - Stock Based Compensation (Details) - Stock Option Plan Comparison	6 Months Ended
	Oct. 31, 2014
1997 Plan [Member]	'
Note I - Stock Based Compensation (Details) - Stock Option Plan Comparison [Line Items]	'
Minimum exercise price as a percentage of fair market value at date of grant	100.00%
Last expiration date for outstanding options	2-Jul-17
2007 Plan [Member]	'
Note I - Stock Based Compensation (Details) - Stock Option Plan Comparison [Line Items]	'
Minimum exercise price as a percentage of fair market value at date of grant	100.00%
Last expiration date for outstanding options	21-Aug-24
Shares available for grant at October 31, 2014	323,500

Note_I_Stock_Based_Compensatio4

Note I - Stock Based Compensation (Details) - Options Valuation Assumptions	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Options Valuation Assumptions [Abstract]	'	'
Expected term (years)	'5 years 109 days	'5 years
Risk-free interest rate	1.65%	0.67%
Volatility	35.00%	50.00%

Note_I_Stock_Based_Compensatio5

Note I - Stock Based Compensation (Details) - Options Exercised (USD $)	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Options Exercised [Abstract]	'	'
Options Exercised (in Shares)	88,750	4,500
Cash Received from Option Exercises	$1,546	$105
Intrinsic Value of Options Exercised	$2,129	$91

Note_J_Commitments_and_Conting1

Note J - Commitments and Contingencies (Details) (USD $)	Oct. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Letters of Credit Outstanding, Amount	$600,000

Note_K_Supplemental_Cash_Flow_2

Note K - Supplemental Cash Flow Information (Details) - Supplemental Cash Flow Disclosures (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Supplemental Cash Flow Disclosures [Abstract]	'	'
Interest paid	$1,376	$1,525
Income taxes paid, net	5,238	5,108
Inventory acquired in repossession and payment protection plan claims	$21,272	$21,765