REORGANIZATION EXPENSES

9 Months Ended

Jan. 31, 2012

REORGANIZATION EXPENSES [Abstract]

REORGANIZATION EXPENSES

13. REORGANIZATION EXPENSES

Reorganization expenses represent the direct and incremental costs related to the CCAA proceedings. These expenses can include expenses such as professional fees directly related to the CCAA proceedings, realized gains and losses, and provisions for losses resulting from the CCAA proceedings.

Reorganization expenses of $0.27 million incurred at January 31, 2012 consisted of $0.22 million of professional fees directly related to the CCAA proceedings and $0.05 million of Court-approved obligations to certain key eligible employees deemed essential to the business during the CCAA proceedings.

All cash flows related to reorganization items pertained to operating activities.