Self-Insurance Reserves

12 Months Ended

Apr. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Self-Insurance Reserves

12. Self-Insurance Reserves

During the fiscal year ended April 30, 2023, we transitioned to a self-insured group health insurance program. Prior to this transition, we had fully guaranteed cost group health insurance programs. We are now self-insured through retentions or deductibles with stop-loss insurance for medical claims that reach a certain limit per claim. We record our liability for estimated incurred losses based on historical claim data in the accompanying consolidated financial statements on an undiscounted basis. While we believe these reserves to be adequate, it is possible that the ultimate liabilities will exceed such estimates.

The following table summarizes the activity related to self-insurance reserves in the fiscal years ended April 30, 2023 and 2022 (in thousands):

	For the years ended April 30,
	2023			2022
Beginning balance	$	29		$	33
Additional provisions charged to expense		2,094		—
Payments		(1,727	)		(4	)
Ending balance	$	396		$	29