INCOME TAXES: (Tables)

12 Months Ended

Apr. 30, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision (benefit) for income taxes consists of the following:

	Year Ended April 30,
	2013		2012		2011
	(in thousands)
Current:
Federal	$	(131)	$	(370)	$	(606)
State and local		11		114		4
		(120)		(256)		(602)
Deferred:
Federal		(1,334)		(505)		(2,277)
State and local		(305)		(135)		(333)
		(1,639)		(640)		(2,610)
Total provision (benefit) for income taxes	$	(1,759)	$	(896)	$	(3,212)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of the net deferred income taxes are as follows:

	April 30,
	2013		2012
	(in thousands)
Deferred income tax assets:
State tax loss carryforwards	$	3,927	$	3,942
Accrued pension costs		3,827		4,927
U.S. Federal NOL carryforward		5,592		4,476
Canadian NOL carryforward		133		-
Vacation accrual		698		700
Intangibles and deductible goodwill		6,595		7,377
Real estate basis differences		2,523		1,045
Other		103		-
Total deferred income tax assets		23,398		22,467

Deferred income tax liabilities:
Reserve for periodical returns		(2,036)		(2,009)
Depreciable assets		(4,446)		(4,358)
Deferred gains on investment assets		(4,428)		(4,679)
Capitalized costs for financial reporting purposes, expensed for tax		(606)		(536)
Other		-		(315)
Total deferred income tax liabilities		(11,516)		(11,897)
Valuation allowance for realization of state tax loss carryforwards		(2,268)		(2,544)
Net deferred income tax asset	$	9,614	$	8,026

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following table reconciles taxes computed at the U.S. federal statutory income tax rate from continuing operations to the Company's actual tax provision:

	Year Ended April 30,
	2013		2012		2011
	(in thousands)
Computed tax provision (benefit) at statutory rate	$	(1,610)	$	(713)	$	(3,770)
Increase (reduction) in tax resulting from:
State income taxes, net of federal income tax effect		(192)		(14)		(228)
Expiration of state NOLs		237		342		324
Change in valuation allowance		(276)		(338)		(281)
Adjustment for unrecognized tax benefits		(41)		(296)		(619)
Non-deductible goodwill impairment (see Note 14)		-		-		1,363
Meals and entertainment		45		47		54
Other		78		76		(55)
Actual tax provision (benefit)	$	(1,759)	$	(896)	$	(3,212)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table summarizes the beginning and ending gross amount of unrecognized tax benefits (in thousands):

	2013		2012
Gross unrecognized tax benefits at beginning of year	$	1,741	$	2,384
Gross increases:
Additions based on tax positions related to current year		-		-
Additions based on tax positions of prior years		-		-
Gross decreases:
Reductions based on tax positions of prior years		(217)		(302)
Reductions based on the lapse of the applicable statute of limitations		(8)		(341)
Gross unrecognized tax benefits at end of year	$	1,516	$	1,741