Note 1 - Organization, Consolidated and Presentation of Financial Statements

3 Months Ended

Jul. 31, 2017

Notes to Financial Statements

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form

10

-Q and Article

8

of Regulation S-

X

and do

not

include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Therefore, these financial statements should be read in conjunction with the annual report on Form

10

-K for the fiscal year ended

April 30, 2017.

In our opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation have been included. Operating results for the

three

months ended

July 31, 2017

are

not

indicative of the results of operations that

may

be expected for the fiscal year ended

April 30, 2018.

Certain reclassifications within the condensed financial statement captions have been made to maintain consistency in presentation between years. These reclassifications have

no

impact on the reported results of operations. Financial amounts are in thousands of dollars except per share amounts.